The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on New Home Sales.
EUR/USD was trading at 1.3765, down 0.67% at time of writing.
The pair was likely to find support at 1.3734, today’s low, and resistance at 1.4080, Monday’s high.
Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 307.00K last month from 288.00K in the preceding month.
Analysts had expected new home sales to rise to 300.00K last month.
Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.21% to hit 0.8728 and EUR/JPY falling 0.26% to hit 112.58.
EUR/USD was trading at 1.3765, down 0.67% at time of writing.
The pair was likely to find support at 1.3734, today’s low, and resistance at 1.4080, Monday’s high.
Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 307.00K last month from 288.00K in the preceding month.
Analysts had expected new home sales to rise to 300.00K last month.
Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.21% to hit 0.8728 and EUR/JPY falling 0.26% to hit 112.58.