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EURUSD (EURO vs US DOLLAR) NFP outlook!

OANDA:EURUSD   Euro / U.S. Dollar
Hello dear traders!
I'm here again.
We'll explain NFP forecast for EURUSD .
1. EURUSD tested some Fibonacci levels.
2. It created decreasing channel on Daily chart .
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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