Forex Signal For EUR/USD: Distance Ahead of US Retail Sales.
Forex Signal For EUR/USD: Distance Ahead of US Retail Sales.
The pair will likely remain firm as traders reflect on this week's data.
Bull Market Outlook
- Buy EUR/USD and take a profit at 1,1900.
- Add a stop-loss at 1,1700.
- Timetable: 2-3 days.
Forex Signal For EUR/USD: Distance Ahead of US Retail Sales.
Bear Market Outlook
- Set to take a sat-stop at 1,1750 and a profit at 1,1650.
- Add a stop-loss at 1,1800.
EUR/USD remains in consolidation mode as the market is reflected in the latest inflation and industrial production figures from the US.
The pair is trading at 1,1800, a few pips below Wednesday's high of 1,1832.
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