EUR/USD at lows before Germany's April PMI

EUR/USD approaches Friday's lows

With EUR/USD approaching Friday's lows and Germany's retrospective PMI being released, we may see a break of Friday's lows. King dollar is trying to extend it's reign for a fourth week. The NFP data out on Friday indicated two more rate hikes may well be ahead, despite the decrease in hourly earnings. EUR/USD is going to be pressurising the lows now....

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