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EUR/USD Signal - US Nonfarm Payrolls - 03 Apr 2020

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Signal Details
Entry Price: 
1.0800
Take Profit: 
1.0720
Stop Loss: 
1.0850
Direction: 
Sell
Result: 
Void
How we trade
Average: 4.7 (12 votes)

EURUSD is trading lower ahead of the US jobs data. Due to the economic crisis in Europe, Spain already reported 300K jobless claims. The situation is other major EU countries is also not cheerful. Across the Atlantic, the US reported over 6 million jobless claims. In time of a global economy crash, the U.S. dollar remains the currency in choice. Today, forex traders will focus on the NFP numbers.

eurusd signal 03 apr 2020

Submitted by Toni H. on Fri, 03 Apr 2020 11:35:00 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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