Overall, EUR/USD is trending downwards. Recently, EUR/USD has been ranging within 50pips around the key level of 1.08.
The eurozone PMI data will be released later at 1700 (SGT).
If the released eurozone PMI data is worse than forecasted, look for selling opportunities of EUR/USD.
The eurozone PMI data will be released later at 1700 (SGT).
- Flash Manufacturing PMI (Forecast: 47.4, Previous 47.9 revised from 47.8)
- Flash Services PMI (Forecast: 52.4, Previous 52.5 revised from 52.2)
If the released eurozone PMI data is worse than forecasted, look for selling opportunities of EUR/USD.
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