Fundamentals:
- German industrial production declining (-1.8%)
- IFO business climate continuous decline from 105 to below 97 points in a year
- ECB program and rate cut insufficient support for economy
Technical:
- Daily double top formation
- 38.2 Fib level as TP1
Trade:
- Enter trade with SL above recent high
- German industrial production declining (-1.8%)
- IFO business climate continuous decline from 105 to below 97 points in a year
- ECB program and rate cut insufficient support for economy
Technical:
- Daily double top formation
- 38.2 Fib level as TP1
Trade:
- Enter trade with SL above recent high