Data on retail sales of the euro area

The single currency maintains its positions against the US dollar against mixed data on retail sales in the euro area.

• According to published data, the volume of retail sales in February fell by -0.1%, while analysts expected growth at 0.3%.
• In its turn, the annual growth rate was 2.3%, exceeding the previous value at the level of 2.1%.

Technical analysis: The EUR/USD continues to recover its lost positions during the Asian session. The main resistance levels are considered at the marks of 1.2360, 1.2400. The support levels are 1,2280, 1,2250.

Fig. EUR/USD. The current price is $ 1.2318.

Alexander Sivtsov