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AUDUSD: Price Can Correct During the U.S Retail Sales Data

skrimon

Active Member

Today the main event for the U.S is the Retail Sales data.

If we will have any surprise we may see the price to move down again and it can
be ready for the next bullish move.

On the other hand, AUDUSD increased more than expected and it can begin
a bearish correction soon. The U.S economy is still strong for the other currencies
to rise in this way.

Also the actual pattern it is not ready yet. We have to wait for fo the price to correct
before the next move.

Thank you and Good Luck!
 

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