17 Septiembre 2021, EUR/USD
EURUSD trading plan:
US retail sales rose 0.7% last month. Data for July was revised down to show retail sales declining 1.8% instead of 1.1% as previously reported. Sales increased 15.1% from a year ago and are 17.7% above their pre-pandemic level. They are holding up even as spending is shifting back from goods to services like travel and entertainment. Retail sales are mostly goods, with services such as healthcare, education, travel and hotel accommodation making up the remaining portion of consumer spending. Online retail sales rebounded 5.3% after tumbling 4.6% in July. Most school districts started their 2021-2022 academic year in August, with in-person learning resuming after last year's shift to online classes because of the pandemic.
Investment idea: sell 1.1800 and take profit 1.1750.
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