The first day of the week

Posted Tuesday, May 31, 2016 by
Skerdian Meta • 1 min read

Officially yesterday was the first day of the week, but the UK and US were on holiday yesterday so the liquidity was low and the price action was minimal. Today we started with some mixed economic data. The German retail sales disappointed but the employment came out better than expected and the inflation in France has picked up. Meanwhile, EUR/USD failed to break above the 100 MA at 1.1150 and is heading down again. 

The 100 MA held this time

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