U.S Existing Home Sales Rises 5.35M In May, Sell USD On Recovery !

forex US home zu1xuw min
forex US home zu1xuw min

Existing Home Sales measures the change in the annualized number of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a key indicator of overall economic strength.

The U.S Existing Home Sales rose 5.35M , from 5.09M in the previous month. U.S Existing Home Sales was expected to rise 5.26M last month.

This development is likely to advance US dollar a little bit before the next fall. Recommendations: sell USD on recovery ..

EURUSD: Support and resistance : 1.1290, 1.1350 , 1.1435

GBPUSD: Support and resistance : 1.5745, 1.5825 , 1.5929

USDJPY: Support and resistance : 122.45 , 123.15 , 123.70