The Euro rallied by 90 pips today. The primary driver behind the Dollar losses today was the US Retail Sales, which came in worse then expected. Data showed that sales rose by 0.9 percent last month, compared to market forecast for a gain of 1.1 percent. The core retail sales were even worse, with +0.4% vs +0.9% exp.

I'm sticking with my short. The ECB press conference tomorrow should give us an update on the QE program. This may be the catalyst needed to return to the Euro downtrend.
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