Positive macroeconomic statistics from the United States | 25 Enero 2021

EURUSD trading plan:

U.S. home sales unexpectedly rose in December, but surging house prices amid record-low inventory could slow the housing market momentum in the coming months. Home resales, which account for the bulk of U.S. home sales, surged 22.2% year-on-year. They totaled 5.64 million in 2020, the most since 2006. The housing market is being supported by cheaper mortgages and an exodus from city centers to suburbs and other low-density areas as companies allow employees to work from home and schools shift to online classes because of the pandemic. Positive macroeconomic statistics from the United States will have a negative impact on the value of the euro.

Investment idea: Sell 1.2205 and take profit 1.2165.