What can happen with DXY in upcoming ADP and NFP?
USD Index ( DXY ) trading around 101.9 Where if we see as Technical Strong Resistance above 102.5 and a head & shoulder pattern also forming on daily chart.
But big things a head that are ADP today and NFP on Friday We are expecting Result of ADP and NFP will disappointed USD . And if this happen we can see a drop of usd toward 101.2-100.5 level.
Where if its happen then we expecting...
usdjpy 111.5-112 Strong Resistance 115.5
Eurusd 1.0680-1.0750 Strong support 1.048-1.050
Gbpusd 1.2280-1.2350 Strong support 1.2070
Usdcad 1.3250-1.33 strong Resistance 1.3470
Gold 1235-40 strong support 1196-1200
But big things a head that are ADP today and NFP on Friday We are expecting Result of ADP and NFP will disappointed USD . And if this happen we can see a drop of usd toward 101.2-100.5 level.
Where if its happen then we expecting...
usdjpy 111.5-112 Strong Resistance 115.5
Eurusd 1.0680-1.0750 Strong support 1.048-1.050
Gbpusd 1.2280-1.2350 Strong support 1.2070
Usdcad 1.3250-1.33 strong Resistance 1.3470
Gold 1235-40 strong support 1196-1200
Comment:
upcoming ADP ( Expecting 150K-165K) and NFP ( Expecting below 150K)
Trade closed: target reached:
DXY 101 Cheers 1st Target done waiting for next
Comment:
Dxy now can turn so stay away from sell
Trade closed: target reached:
Done all as Expected