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Negative macroeconomic statistics from the United States

Negative macroeconomic statistics from the United States | 24 December 2020

24 December 2020, EUR/USD

Negative macroeconomic statistics from the United States

EURUSD trading plan:

Negative macroeconomic statistics from the United States will have a positive impact on the value of the Euro. Sales of new U.S. single-family homes fell more than expected in November. New home sales tumbled 11.0% to a seasonally adjusted annual rate of 841,000 units last month, the Commerce Department said. October's sales pace was revised down to 945,000 units from the previously reported 999,000 units. The median new house price rose 2.2% to $335,300 in November from a year ago.

Investment idea: Buy 1.2176 and take profit 1.2231.

David Johnson
Analyst of «FreshForex» company
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