Price action for the market is sending a signal. 🇫🇷 France August PMI Data Announced (21/08 10:15).
▪️ Manufacturing PMI: 51.5 (Expected: 50.0)
▪️ Composite PMI: 48.8 (Expected: 49.5) Evaluation: Although the manufacturing PMI data exceeding expectations in France creates optimism about economic activity, the weakness in the composite data is not expected to have a direct impact on the crypto markets; However, it may put limited pressure on global risk appetite.
Order flow around the market key levels remains critical.
#Crypto #TechnicalAnalysis #Binance
▪️ Manufacturing PMI: 51.5 (Expected: 50.0)
▪️ Composite PMI: 48.8 (Expected: 49.5) Evaluation: Although the manufacturing PMI data exceeding expectations in France creates optimism about economic activity, the weakness in the composite data is not expected to have a direct impact on the crypto markets; However, it may put limited pressure on global risk appetite.
Order flow around the market key levels remains critical.
#Crypto #TechnicalAnalysis #Binance