Daily Strategy - Nevertheless Positive Non-farm Payroll Report The Dollar Will Lose Again

Discussion in 'General Trading Discussion' started by World-Signals.com, Mar 13, 2018.

  1. World-Signals.com

    World-Signals.com Active Member

    Feb 2018
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    EURUSD (1.2333)
    Trend: Neutral/Upward
    Support/Resistance: 1.2270 - 1.2395
    For today the key fundamental data comes from United States. It is not expecting some big changes from the prior month of CPI and Core CPI schedule for 8:30 AM ET.
    After the one of the best Non-farm payroll report from the last few years the dollar gained about 150 pips only against the Euro. For such positive news like Non-farm payrolls the gain of the dollar is not enough. Therefore this is a signal that the trend upward for EURUSD will continue after some temporary correction.
    World-Signals.com trading strategy for today is to open long positions as buy at corrections close to levels of 1.2300.

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