EURUSD keeps the positive tone and today with the pair making an attempt to break above the 50 day moving average which will give the upper hand to bulls at least for the short term. On the downside a break below the 1.17 level will scary buyers away and it is possible to test the support at 1.1660 On the macroeconomic front German Gross Domestic Product (GDP) matched analysts estimates at 0.3% for the first quarter of 2018, a figure that definitely can not inspire the buyers.

Keep calm and trade responsible...
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