British pound breakout soon?
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
EUR/USD: ideas for small trades
2019-11-11 • Updated
BUY 1.1410; TP 1.1440; SL 1.1400
SELL 1.1370; TP1 1.1345; TP2 1.1315; SL 1.1385
EUR/USD keeps trading with volatility but in a small range. There’s a very strong support level at 1.1310 (200-week MA). At the same time, there’s significant selling interest in the 1.1410/1.1440 area that has been limiting the upside since late October.
It seems that the market hasn’t made its mind yet about the future movement of the prices. As a result, it’s sensible to focus on small trades.
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