Follow the markets with 
EUR/USD reaches strong resistance zone around1.4340 and continues hovering around that zone, suggesting rally is still not readyfor a short correction; pair could extend to 1.4360 before attempting a correction, as smaller time frames had urned quite overbought. If breaks higher, consider 1.4380 and 1.4415. Pair has supports at 1.4310, followed by 1.4270 and 1.4240 zone.
Good Morning Valeria,
On the News portion of this site you posted this morning, The Euro has been favoured by better than expected U.S. existing home sales. I am not understanding how that is, isn’t this information good for the Dollar? Why would it make the Euro stronger? Where can I go to find information on how the news effects the currencies. My husband and I read your posts religiously and find them extremely useful! Thank you, Laura and Rich Osete
Hi Laura, really tks for your comment. Is not an easy relationship market is having with fundamentals these days. but to made it simple, is something like this: good U.S. data favor a strong rise is U.S. stocks; that triggers optimism and risk appetite across the world, and people “dare” to invest in high yieldigs, like Euro, or Gbp; on the opposite, when data is bad in the U.S., means crisis is not over yet, stocks fall, and everybody runs to refugee on safe haven currencies, like dollar and yen. That’s why good data made dollar fall, and bad data made dollar rise in general. This is not a law, but what’s actually going on. Sooner or later, things should reverse, thus I believe it will take at least a couple of months of really good macro data in the U.S.; besides, rates will be key: first country to rise rates, will no doubts had the strongest currency for a long time.
Regards
Val