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FX.co ★ EURUSD: strong US retail sales report

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Forex Analysis:::2022-11-16T21:54:30

EURUSD: strong US retail sales report

EURUSD: strong US retail sales report

EURUSD

US retail sales report for October +1.3%, forecast +0.9%, previous 0%

As you can see, retail sales are very strong - they will support the US market, and possibly the dollar

We are preparing for a possible strong fall in the euro.

Carefully sell the euro near the highs of the day with a stop of about 60 pips and re-sell higher with a possible increase in volumes - while maintaining risk control.

Analyst InstaForex
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