Fundamental Weekly Forecast for US Dollar - the level will finally be broken
7 December 2015, 18:34
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US Dollar: There are two main high impacted news events which can affect on US Dollar movement for this week:
- 2015-12-11 13:30 GMT | [USD - Retail Sales]
- 2015-12-11 15:00 GMT | [EUR - University of Michigan Consumer Sentiment]
Economists expect for Retail Sales to be increased 0.3% after a previously reported 0.1%, and Core Retail Sales is forecasted to be rise 0.4 %. If actual values for Retail Sales will be more than expected values (or more than previous ones) so it will be good for USD Dollar for example.
| Resistance | Support |
|---|---|
| 100.51 | 92.62 |
| N/A | 81.85 |
The Dollar Index price is repeatedly trying to break 100.00 psy resistance level from below to above so some experts are predicting for the price to break this level on the base of high impacted fundamental news events this week.
