EUR/USD & The Week Ahead
With Europe off another day, the week in the far east is opening very quietly, with little news and economic data. However, the EUR/USD pair could be gearing up for an exciting week as more news is sure to hit the wires as the world tries to revive its economy and a number of important economic releases out of the US are expected, namely Retail Sales, CPI, TIC Flows, the Fed’s Beige Book and the University of Michigan’s Consumer Confidence Indicator. On a the daily perspective with this slew of critical US economic data to be released, it will be interesting to see how the pair holds up with little technical support as we look at the retracement below. We will be tracking this closely in the days to come.





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