24 Abril 2019, EUR/USD
EURUSD trading plan:
Positive macroeconomic statistics from the United States will have a positive impact on the value of the dollar. New home sales increased 4.5 percent to a seasonally adjusted annual rate of 692,000 units last month, the highest level since November 2017. February's sales pace was revised down to 662,000 units from the previously reported 667,000 units. The median new house price dropped 9.7 percent to $302,700 in March from a year ago, the lowest level since February 2017. The drop was because of an increase in the share of homes sold in the $200,000-$300,000 price range. The 30-year fixed mortgage rate has dropped by about 80 basis points since November, according to data from Freddie Mac. The real estate market is an important element of the American economy!
Trading recommendation: Sell 1.1240 and take profit 1.1210.
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