EURUSD Short due to Germany Retail Sales Short
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
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The bear run will be solidified if the US comes out strong with the Personal income eval. for July
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Yearly GDP was short
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Now waiting for results for US PCI and personal income
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Personal Spending for July is up .1% and Personal income fell .4%, EU is on a bear run
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52 pips so far, holding my position.
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Trade closed to assess retest
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Trade reopened TP set to 1.0700
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Trade is valid and should continue into October with the Brexit negotiations
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Resistance Broken Looking for 1.07326 as next possible resistance
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@KTAS
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Continuing long downtrend