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May, 15 - EUR/USD requires trading signals today

So, all of trading world was waiting for German GDP data patiently. After all, the strongest economy of Eurozone is going to have a lot of influence on the performance of the most commonly traded couple. But in the end it seems that data were not nearly as good as we wanted them to be. Traders obviously have a hard time deciding what to do with the data and what to do with the couple as the level of turbulence is reaching its peak at the moment. Even though there has been a low point and a little recovery, it is still a little bit hard to navigate EUR/USD trading today. One thing is clear – German economic data are only bringing trading down today.

 

eurusd 15.05.2019

 

As we can see at the chart, there is not enough power that can bring EUR straight up. These jumps are what is going to make trading EUR/USD very difficult today.

 

With turbulence like that it is hard to know when you are supposed to buy and when you are supposed to sell. Using trading signals can be of help to you in these questions.

 

 

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