By IFCMarkets
Continuing decline in euro-zone retail sales bearish for EURUSD
Euro-zone retail sales continued to fall in April: retail sales dropped 11.7% over month after 11.1% decline in March. This is bearish for EURUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Sell | |
| MA(200) | Buy | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
| Order | Sell |
| Buy stop | Below 1.1194 |
| Stop loss | Above 1.1222 |
Market Analysis provided by IFCMarkets