22 May 2019, EUR/USD
EURUSD trading plan:
Negative macroeconomic statistics from the United States will have a positive impact on the value of the Euro. Existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month. March's sales pace was unrevised at 5.21 million units. Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago, the 14th straight annual decrease. Investors were waiting for a positive release and were upset. The real estate market is an important element of U.S. GDP. The bad news indicates an economic downturn.
Trading recommendation: Buy 1.1145 and take profit 1.1185.
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 