Rising trade surplus bullish for EURUSD
Euro-zone trade balance surplus rose in July when a slight decline was expected. Will the EURUSD rise?
On 1-hour timeframe EURUSD: H1 is in uptrend. The price has crossed above the 200-period moving average MA(200) which has started to rise.
Technical Analysis Summary
| Order | Buy |
| Buy stop | Above 1.1109 |
| Stop loss | Below 1.1055 |