26 Juni 2019, EUR/USD
EURUSD trading plan:
Negative macroeconomic statistics from the United States will have a positive impact on the value of the Euro. U.S. June consumer confidence fell more than expected, hitting its lowest level since September 2017. The Conference Board, an industry group, said its index of consumer attitudes fell to 121.5, from a downwardly revised 131.3 the month before. Consumers are unhappy with the high interest rates on credit cards. Sales of new U.S. single-family homes unexpectedly fell for a second straight month in May. The Commerce Department said new home sales dropped 7.8% to a seasonally adjusted annual rate of 626,000 units last month, the lowest level since December. This is a negative signal for the U.S. dollar!
Trading recommendation: Buy 1.1350 and take profit 1.1410
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