Australian retail sales rose less than economists forecast, while the Aussie traded off its highest levels of the day. Most Asian indexes traded lower following another disappointing economic data release out of China. The U.K. manufacturing purchasing Managers’ index and ISM manufacturing PMI in the U.S are on main focus today.
Trade Idea
EURUSD
A 4H break and close above 1.3015 could lead price to 1.3070. Alternative: a break below 1.2965 targets 1.2910.
Disclaimer • Risk Warning
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