Negative macroeconomic statistics from the United States | 04 ديسمبر 2020

04 ديسمبر 2020, EUR/USD

Negative macroeconomic statistics from the United States

EURUSD trading plan:

Negative macroeconomic statistics from the United States will have a positive impact on the value of the Euro. U.S. services industry activity slowed to a six-month low in November amid widespread restrictions on businesses to control surging COVID-19 infections. The Institute for Supply Management said its non-manufacturing activity index fell to a reading 55.9 last month. The United States is engulfed in a fresh wave of COVID-19 infections, with 4.2 million new cases and more than 35,000 coronavirus-related deaths reported in November.

Investment idea: Buy 1.2135 and take profit 1.2175.


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.
David Johnson
Analyst of «FreshForex» company
Close
الدخول