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EUR/USD Signal - USD Retail Sales Data - 16 Mar 2021

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Signal Details
Entry Price: 
1.1927
Take Profit: 
1.2000
Stop Loss: 
1.1880
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURUSD has found support at the 1.19150 key level prior to the USD Retail sales data today, which measures the total receipts of retail stores. Technically the pair is holding above the support, and we anticipate upside today back into the 1.200 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.