EUR/USD is trading near year low, market awaits US Retail sales data

• RES 4: 1.0886 (Apr 8^th high)
  
  
• RES 3:   1.0782 (Cloud top)
  
  
•  RES 2: 1.0657 (Cloud bottom)
  
  
•  RES 1: 1.0566 (20 day 4HMA)

    PRICE: 1.05684 @ 11:03 GMT 

• SUP 1: 1.0550 (Mar 17^th low)
  
  
• SUP 2: 1.04610 (Mar 13^th  low)
  
  
• SUP 3: 1.0393 (61.8% retracement of 1.1523 to 1.04613  from 1.10509)
• SUP 4:1.0300

Commentary:

EUR/USD has slight recovered after making a low of 1.0525. Overall trend is weak as long as 1.0660 holds.

US March retail sales is expected to rise 1.1% compared to forecast of -0.6%.

On the upside minor resistance is around 1.0660 and break above would extend gains till 1.0782. Sell around 1.0590 stop around 1.0660 with target of 1.0460/1.0395.