This is my an earlier analysis, the price was end at 1.3694 after a great movement last friday. Im still awake and waiting until market open. My trading idea, wait until EU has a clear trend and formation.Big even today,
10am gmt 8 USD - Existing home sales.
Measures the annualized number of existing residential buildings that were sold during the previous month. A rising trend has a positive effect on the nation's currency because large purchases tend to be made by consumers that are optimistic and confident in their financial position. The sale of a home also triggers commissions for real estate agents, and often home owners will purchase goods such as appliances and furniture shortly after purchasing a home. Traders watch this report closely as it's the month's first demand-side housing indicator to be released
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