EURUSD Short due to Germany Retail Sales Short

Short

Euro / U.S. Dollar (OANDA:EURUSD)

Updated

OANDA:EURUSD Euro / U.S. Dollar

Trend Analysis EURUSD EU Bearish Patterns

German Retail sales fell 2.2%, and Germany having the highest GDP out of all countries in the EU will effect the EU's GDP significantly. Causing a continue in the Bear trend on the weekly chart with a possible resistance of 1.09534

Comment:

The bear run will be solidified if the US comes out strong with the Personal income eval. for July

Comment:

Yearly GDP was short

Comment:

Now waiting for results for US PCI and personal income

Comment:

Personal Spending for July is up .1% and Personal income fell .4%, EU is on a bear run

Comment:

52 pips so far, holding my position.

Comment:

Trade closed to assess retest

Comment:

Trade reopened TP set to 1.0700

Comment:

Trade is valid and should continue into October with the Brexit negotiations

Comment:

Resistance Broken Looking for 1.07326 as next possible resistance

Comment:

@KTAS

Comment:

Continuing long downtrend

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