US Retail Sales (MoM) Forecast Jan 14 2015

USA565 sxumas
USA565 sxumas

Outlook for US Retail Sales (MoM) for Dec , remains neutral at the moment , this indicator is trapped within -0.6% : 1.5% levels , any reading above the 1.5% levels will open 2.2% : 3.0% levels , while below – 0.6% will open -1.1% : -2.3% levels , however ; we have 3 scenarios for today :

1- Any reading within -0.6% : 1.5% range will bring sideways move for the US dollar , buy USD on dips !!

2- Any reading below -0.6% % will bring a corrective pullback for the USD , buy the USD on dips !!!

3- Any reading above the 1.5% will bring strong bullish move for the USD ..

It will be published today at 13:30 GMT …


US Retail Sales (MoM) Forecast Jan 14 2015




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