Another Bearish day for the EUR against the USD today following the strong, bullish US Retails Sales yesterday morning.
Other news for the dollar: Today’s Core CPI was the lowest since March.
Tomorrow there are two more dollar red-tag events being released: Building Permits and Unemployment Claims.
With continued strength of the dollar, we could see 1.217 support area soon. Dollar Bulls, don’t get your hopes too high though. The EUR is not very active today with France and Italy having a national holiday.
Latest posts by admin (see all)
- How To Plan a Trade From Start to Finish - May 3, 2016
- How To Trade The Eur/Usd Right Now - April 29, 2016
- Eur/Usd Could Move Higher Based off of Support Pin Bar - February 19, 2016
Winner’s Edge Trading, as seen on: