By IFCMarkets
Rising German import prices bullish for EURUSD
German import prices rose 0.5% over month in November after 0.1% decline in October. Will the EURUSD continue rising?
The price chart on 1-hour timeframe shows EURUSD: H1 is in uptrend. The price is rising above the 200-period moving average MA(200) which is rising. The RSI oscillator is rising to 50 level.
| Order | Buy |
| Buy stop | Above 1.1089 |
| Stop loss | Below 1.1079 |
Market Analysis provided by IFCMarkets