I am looking for a breakdown to next support. HOWEVER, there is a TON of news coming out today So technical analysis won't mean much today.
Be careful if you are trading.
US Retail Sales rose by 0.3% MoM in November Which is less than the .9 expected.
It is expected to have the best holiday season for sales in more than two years this month.
Here is some of the news.
The website, ForexFactory, Has the entire news lineup but here is some to keep your mind on.
2:00pm USD
FOMC Economic Projections
USD
FOMC Statement
USD
Federal Funds Rate
<0.25% <0.25%
2:30pm USD
FOMC Press Conference
DO NOT MAKE A TRADE JUST BECAUSE A STRANGER ON THE INTERNET HAS A COMPELLING ANALYSIS.
CHECK THE NEWS, ANALYZE FOR YOURSELF,
Thanks you,
Richard Blake