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EUR/USD Signal - US Nonfarm Payrolls - 06 Sep 2019

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Signal Details
Entry Price: 
1.1020
Take Profit: 
1.0960
Stop Loss: 
1.1050
Direction: 
Low
Result: 
Loss
How we trade
4.5/5 of 4 ratings

EURUSD plunged below 1.1050 after weak German data. Meanwhile, today's Non-Farm Payrolls data is set to rock the markets. It is the last jobs report before the important Fed's decision this month. Non-farm payrolls are expected add 158,000 new workers in August, a better than expected US data will probably hurt the euro.

eurusd signal 06 sep 2019

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.