Positive macroeconomic statistics from Germany | 22 أبريل 2020
22 أبريل 2020, EUR/USD
EURUSD trading plan:
We are expecting an uptrend to develop. The mood among German investors improved in April as concerns about the impact of the COVID-19 pandemic on Europe's largest economy seemed to have eased. The ZEW research institute said its monthly survey showed economic sentiment among investors rose to 28.2 from -49.5 in March. German carmakers have restarted production at some factories this week after the country eased restrictions designed to contain the coronavirus outbreak. Certain shops are now allowed to open.
Trading recommendation: Buy 1.0850 and take profit 1.0900.
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.
