Jin_LCMSTraders
Singkat

Big countrend move if EUR/USD breaks 1.20

FX:EURUSD   Fx Euro/Dolar U.S.
NFP on Friday (Actual 148k against forecasted 190k), with hourly earnings as forecasted at 0.3%.
This weaker than expected economic data resulted in a weaker USD, with USDCAD             dropping 140pips within the hour.

However, this employment report also indicates steady improvement in the labour market, with no signs of overheating.
Therefore, we can still expect the FED to maintain course for 3 rate hikes in 2018, signaling gradual USD strength.

Komen: First profit target achieved, at support level 1.9500

Now to monitor if trade will move lower towards next support level 1.1880
Komen: *Typo: correction from 1.9500 to 1.1950
Komen: euro bounced to retest the 1.1945 level
looking for a resumption of the move down today
Great trade Jin
Balas
Scottnoveldex Scottnoveldex
Now we just need to see where it lands so we can long!!!!
Balas
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