Positive macroeconomic statistics from the United States | 17 يوليو 2019
17 يوليو 2019, EUR/USD
EURUSD trading plan:
Positive macroeconomic statistics from the United States will have a negative impact on the value of EURUSD. U.S. retail sales exceeded projections in June. The value of overall sales rose 0.4% after a downwardly revised 0.4% increase the prior month, Commerce Department. Sales in the “control group” subset, which excludes food services, car dealers, building-materials stores and gasoline stations, increased 0.7%, also exceeding projections. The yield of 2-Year US government bonds grow up 1.86%. This is a positive signal for the U.S. currency.
Trading recommendation: Sell 1.1225 and take profit 1.1199.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
