Strifor || EURUSD-NFP Setup
Preferred direction: SELL
Comment: Our previous setups for currency pairs worked out perfectly, especially EURUSD. On the eve of the NFP, as well as for gold, we expect a fall in the euro. At the time of publication, the instrument may strengthen towards the level of 1.10000 (scenario №2), so one should count on this in any case. At the moment, scenario №1 is being considered more, but it must be said that both scenarios will be at work. That is, we are working in the format of "step-by-step" accumulating positions.
We place the target for this trade at the level of 1.08500, there is a potential for a fall to 1.08000.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Comment: Our previous setups for currency pairs worked out perfectly, especially EURUSD. On the eve of the NFP, as well as for gold, we expect a fall in the euro. At the time of publication, the instrument may strengthen towards the level of 1.10000 (scenario №2), so one should count on this in any case. At the moment, scenario №1 is being considered more, but it must be said that both scenarios will be at work. That is, we are working in the format of "step-by-step" accumulating positions.
We place the target for this trade at the level of 1.08500, there is a potential for a fall to 1.08000.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Commentaire:
The trading idea is relevant for today and the beginning of next week.
Transaction en cours:
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