Euro / U.S. DollarShort
Strifor || EURUSD-NFP Setup
Updated
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!
Note
The trading idea is relevant for today and the beginning of next week.Trade active
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