European Commission against Italy | 29 مايو 2019
29 مايو 2019, EUR/USD
EURUSD trading plan:
Positive macroeconomic statistics from the United States and Italy's fiscal problems will have a negative impact on the value of the Euro. The Conference Board USA said its index of consumer attitudes increased 4.9 points to a reading of 134.1 this month, climbing up to levels seen last November when the index was hovering near 18-year highs. The labor market is tight, with the unemployment rate at 3.6 percent, a level last seen almost 50 years ago. The European Commission plans to fine Italy for violating the budget rule.
Trading recommendation: Sell 1.1180 and take profit 1.1145.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
