I am shorting the EURUSD in the range 1.1603 to 1.1627
Entry : 1.1603 to 1.1627
Exit: 1.1550 to 1.1508
The US Jobs reports for July was 157K but that was due to TOY R US stores closing and laying off 32K jobs.
Therefore 190K would have been the job number as per consensus
Market reaction shows it
Entry : 1.1603 to 1.1627
Exit: 1.1550 to 1.1508
The US Jobs reports for July was 157K but that was due to TOY R US stores closing and laying off 32K jobs.
Therefore 190K would have been the job number as per consensus
Market reaction shows it
Comment:
NOTE: Watch out for DEAD CAT BOUNCE --- there might be a couple to relieve some oversold pressure . SELL any rally from here until 1.1508