EUR/USD Trades Flat After Retail Sales Data

EUR/USD Trades Flat After Retail Sales Data

15 March 2016, 22:42
Francis Dogbe
0
101
The EUR/USD has opened Tuesday’s trading moving inside of a 53-pip range. Despite today’s US Advanced Retail Sales figures posting better than expected at -0.1%, the pair has failed to breakout from today’s key values of support and resistance Currently prices are trading off of resistance which is found at the R3 pivot point at a price of 1.1123. If prices remain range bound, traders will look for prices to retest range support, which is found today at a price of 1.1070. If prices do attempt to breakout, traders should continue to ... READ MORE
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