FITITOL–>
FXstreet.com (Barcelona) – The European event plunge, tighten to 50 pips, triggered by suddenly diseased Germany and EMU PMI information found support around 1.3216 area.
February’s PMI combination in a EMU forsaken to contractionary 49.7 from 50.4, when analysts approaching total during 50.6. However, recently expelled industrial new orders information prove montly expansion of 1.9% in December, above 0.7% consensus. Not so bad news.
Mataf.net analysts indicate to resistances during 1.3280, 1.3320 and 1.3500. On a downside, supports competence be found during 1.3205, followed by 1.3115 and 1.3030.
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