EUR/USD trades above the 1.1900 level as the dollar is back under selling pressure. The pair is technically bullish but lacks enough momentum in the near-term, Valeria Bednarik, Chief Analyst at FXStreet, reports EU Retail Sales surprised to the upside, up by 3% MoM in February “The US calendar includes an auction of 10-year bonds today and a speech from US Federal Reserve Eric Rosengren.” “The EU published February Retail Sales, which were up by 3% MoM, beating the market’s expectations. The yearly figure printed at -2.9%, better than the -5.2% expected.” “The EUR/USD pair is near its recent high at 1.1927, the immediate resistance. The risk is skewed to the upside, although the bullish potential seems limited in the near-term.” “The bullish path will be clearer on a break above 1.1930.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Price Analysis: Immediate to the upside comes in 1.1930 FX Street 2 years EUR/USD trades above the 1.1900 level as the dollar is back under selling pressure. The pair is technically bullish but lacks enough momentum in the near-term, Valeria Bednarik, Chief Analyst at FXStreet, reports EU Retail Sales surprised to the upside, up by 3% MoM in February "The US calendar includes an auction of 10-year bonds today and a speech from US Federal Reserve Eric Rosengren." "The EU published February Retail Sales, which were up by 3% MoM, beating the market's expectations. The yearly figure printed at -2.9%, better than the -5.2% expected." "The EUR/USD pair is near its recent high… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
