GT247 Analyses

EURUSD – Tested its long term resistance at 1.1300 after weak US Retail Sales and CPI data. It has retraced since US Fed hiked rates last night.

Gold – Tested topside the triangle on our chart after the US Dollar weakened, has retraced slightly due to a minor recovery in the US Dollar.

Musa Makoni | Trading Specialist at GT247.com

Follow @Makoni_Henry

Wishing you a profitable day of trading.