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!
If you want more trading ideas, forecasts and signals then you can write me via Whatsapp: +994 77 577 66 77
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!
If you want more trading ideas, forecasts and signals then you can write me via Whatsapp: +994 77 577 66 77