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US Retail Sales could send the Dollar either way as traders remain cautious

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Further correction for the European majors against the US Dollar was the theme of the market over the past 24 hours as we draw near the end of the week. As we have mentioned in our reports this week the most important and anticipated event of this trading week is the release of the US Retail Sales levels which is scheduled for today and can again turn the tables on the recent price action in the majors. For the past 4 trading days the Dollar has seen a consolidation and a correction lower

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