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- US retail sales fell for a third straight month in December
- Bearish bias remains below broken Fibo support at 1.2173
- Biden unveils plan for $1.9 trillion stimulus package
- Bulls continue to face strong headwinds but remain in play for now
- Bears pressure key support and look for strong signal on close below weekly cloud base
- UK economy contracts in November for the first time since April, heads for double-dip recession
- Fresh weakness focuses key Fibo support at 1.2064
- US weekly jobless claims rose more than expected
- Bulls continue to pressure 2021 high but negative fundamentals produce strong headwinds
- German economy contracted 5% in 2020 due to coronavirus pandemic