17 Mei 2019, EUR/USD
EURUSD trading plan:
A positive day for the U.S. dollar! The United States has pleased investors with positive statistics on the real estate market. Housing starts rose 5.7% to a seasonally adjusted annual rate of 1.235 million units last month. Data for March was revised up to show homebuilding rising to a pace of 1.168 million units, instead of falling to a rate of 1.139 million units as previously reported. The real estate market is an important element of the U.S. economy. The decline in the value of gold will have a positive impact on the value of the U.S. currency.
Trading recommendation: Sell 1.1200 and take profit 1.1155.