I'm here again.
We'll explain NFP forecast for EURUSD .
1. EURUSD tested some Fibonacci levels.
2. It created decreasing channel on .
3. Price is around of this channel's bottom line.
4. If we think that NFP will be positive for US then this pair can go more down, 1.1100 approximately.
- What should we do?
1. Put sell stop at 1.1170 with TP and SL rates.
2. Choose TP 70-100 pips and SL 60-70 pips.
Good luck to all traders!
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