This PMI is important to the market as its a forward-looking indicator that helps predict the direction of Europes largest economy!
Check out how well EURUSD moved last month, on very small conflicting deviations...
See charts here -->
https://calendar.galaxysoftwareinc.com/ ... 01-22;r=M1
We must concentrate on the Manufacturing line, as this is the most important part of the German economy!
Trade Plan..
German Manufacturing PMI - Primary triggers of 2/3/4
German Composite PMI - must deviate by 1.0+-
German Services PMI - must deviate by 1.0+-
German Composite PMI - February 19th 2021
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JamesThatcher
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