Positive macroeconomic statistics from the United States | 23 Diciembre 2019

23 Diciembre 2019, EUR/USD

Positive macroeconomic statistics from the United States

EURUSD trading plan:

Positive macroeconomic statistics from the United States will force investors to increase short positions on the Euro. The university's final December consumer sentiment index was 99.3, little changed from the preliminary figure of 99.2, and up from November's 96.8 and a seven-month high. This report indicates an increase in consumer spending which will have a positive impact on economic growth. The negative dynamics of the oil market will provide additional support to the dollar. Investors take profits on long positions in the oil market. The negative dynamics of the oil market will provide additional support to the dollar. Investors take profits on long positions in the oil market.

Trading recommendation: Sell 1.1088 and take profit 1.1050.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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