The EURUSD is in consolidation ahead key economic events.
Forex NewsThe EURUSD trading is within the range of 1.4160/1.4195. Break below 1.4160 will provoke movement to 1.4120/25. The market is into consolidation ahead the important events for the U.S. economy expecting this morning. If the data for the U.S. economy is worse than the forecasting the EURUSD is on the way to break 1.4195 and to provoke 1.4240 and then 1.4280. The first key events today are Retail Sales and Producer Price Index. The chances for positive data are higher for the moment according to World-Signals.com.
Try our forex trading software for free
Easy to use trading interface with real-time account statements. Includes live streaming quotes, forex charts, and news - just click on a price to trade. Demo accounts are valid for 30 days.
Advertising
