07 Tháng Năm 2020, EUR/USD
EURUSD trading plan:
China's exports unexpectedly rose in April for the first time this year as factories raced to make up for lost sales due to the COVID-19 shock. This is a positive signal for the European currency! Overseas shipments in April rose 3.5% from a year earlier, marking the first positive growth since December last year, customs data showed. Traders also attributed the rise in exports to factory closures elsewhere, leading to a surge in import demand, just as China's manufacturers reopened after extended shutdowns due to the virus outbreak.
Trading recommendation: Buy 1.0790 and take profit 1.0845.