US Conference Board Consumer Confidence index increased to 115.8 in December, from the previous month 109.5 and compared to market expectations of 110.5.
Further details of the publication:
- Consumer confidence 115.8 is the best level since July
- Present situation 144.1 down from 144.4
- Expectations 96.9 versus 90.2
EURUSD broke above upper limit of the wedge formation and is current sentiment prevails then resistance level at 1.1355 may be at risk. Source:xStation5
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