Burning Forecast 08/12/2017
EURUSD: Buy with a spread from 1.1815
In the center of attention – the report on employment in the USA today at 12.30 London time
We expect strong data, in this case, it is likely that the euro will continue to move downwards – hold positions for selling, but we can sell only from the rollback.
It is, however, possible to reverse the scenario – in the event of an unexpectedly weak data.
In this case: Buy for a breakdown upwards at 1.1815, stop-loss at 1.1770, target of 1.1915.
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