TradingView
ForexTrendline
Jan 6, 2023 6:10 AM

EURUSD before NFP 

EURO / U.S. DOLLARICE

Description

Yesterday we saw another drop to the previous bottom at 1,0518. An important news is coming up today, so be careful.

Job data is published every first Friday of the month. The news has tremendous impact on the market so we must be prepared.

We expect the downside move to continue towards next target at 1,0440.

It is possible to see enormous fluctuations and corrections during the news.

The idea is spoil on a break out of 1,0635.
Comments
KlejdiCuni
You have nailed this analysis. I like it. Thanks
tomato100
Great work
I always enjoy your analysis
More