European manufacturing PMIs done
Full European Manufacturing PMI release list:
- EUR Spanish Manufacturing PMI: 52.9 v 53.1 expected and 53.4 previous
- EUR Italian Manufacturing PMI: 51.5 v 53.0 expected and 53.3 previous
- EUR French Final Manufacturing PMI: 53.3 v 53.1 expected and 53.1 previous
EUR German Final Manufacturing PMI: 56.9 v 57.3 expected and 57.3 previous
EUR Final Manufacturing PMI: 55.1 v 55.1 expected and 55.1 previous
EUR/USD reaction:
Chart musings:
- Bit of buying action, but...
- DXY at resistance (getting to the charts now the data is done...)
- You can see that on the last hourly push up, it paused right where it's now turned on the way down. Always pay attention to those previous resistance turned support levels.