Today's NFP print is coming in 2h and 30m, trading plan following.
In the last couple of days we got higher Labor data with Jobless claims, Jolts data printing way better than market expectations, and these 2 components fit into the NFP this might mean that on the aggregate the 185K US NFP estimation might be slightly higher than that. Anyways, let's move into...
Price did go down after coming in contact with the trendline previously but NFP caused a move that most probably has to be covered back and price may touch the major demand to fill the imbalance caused. We need to be aware of the good price action sign here because the price can also be seen to come in contact with a significant support and resistance zone here.
