Positive macroeconomic statistics of the euro area | 08 6月 2021

08 6月 2021, EUR/USD

Positive macroeconomic statistics of the euro area

EURUSD trading plan:

Investor morale in the euro zone rose for the fourth month in a row in June, reaching its highest level since February 2018, lifted by reopening restaurants and tourism resuming as coronavirus cases fall, a fresh survey showed. Sentix's index for the euro zone climbed to 28.1 from 21.0 in May. The eurozone is increasingly leaving the painful losses of the COVID-19. Friday's U.S. jobs data had put pressure on the dollar as investors bet that jobs growth was not strong enough to raise expectations for the U.S. Federal Reserve to tighten its monetary policy.

Investment idea: buy 1.2170 and take profit 1.2235.

Profit within arm’s reach

The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels.

To ensure profitable trading, implement the FreshForex strategy today:

1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading.

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David Johnson
Analyst of «FreshForex» company
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