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Traders Prep for US Retail Sales Volatility Impact on EUR/USD Near 1.1760

EUR/USD trades near 1.1760, down 0.25% but with bullish bias above 20-day EMA (1.1690) and 50% Fib (1.1744), as markets await US March Retail Sales at 8:30 AM ET (12:30 GMT) on April 15, 2025. Morning coverage spotlighted +1.4% consensus, key supports at 1.1744/1.1690/1.1665, and resistances to 1.2080. Latest update details 45-65 pip first-hour moves on 1% surprises, ~60% partial reversals within three hours, bank forecasts (e.g., Goldman 0.4%), and risk-management tips for the high-volatility event.

Category

EUR/USD

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min