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Salmanmemon786
Mar 8, 2017 12:10 PM

What can happen with DXY in upcoming ADP and NFP? 

U.S. Dollar Currency IndexTVC

Description

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

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
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