06 Julio 2021, EUR/USD
EURUSD trading plan:
The euro zone private sector economy expanded at its fastest rate for 15 years during June, underpinned by surging levels of output across both manufacturing and service sectors. The Market Eurozone PMI Composite Output Index recorded a reading of 59.5, up from 57.1 in May. New export business, driven in the main by strong manufacturing performance, rose at the sharpest rate since composite data were first available in September 2014. Service sector companies are hiking their prices at the steepest pace for over 20 years as costs spike higher, accompanying a similar jump in manufacturing prices to signal a broad-based increase in inflationary pressures.
Investment idea: buy 1.1877 and take profit 1.1928.
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