Eurusd Trading Strategy Ahead Key Events

Discussion in 'General Trading Discussion' started by, Jul 1, 2021.

  1. Senior Investor

    Feb 2018
    Likes Received:
    EURUSD trading strategy ahead key events.
    During the current European session the trend of EURUSD will change. The current downward trend started last Friday and is about to end today. The Dollar gained about 130-140 pips in this period of 4 days.
    For today the key event is ISM Manufacturing PMI(May) at 14:00 GMT. But overall the key event that everyone is waiting for is Friday Non-farm payroll report. It is expecting a positive report that may support the dollar. The event is already generated by the market. But till the event expects to see temporary recovery of the Euro as possible levels up to 1.1885.

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