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EUR/USD Signal - US Nonfarm Payrolls - 04 Jan 2019

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Signal Details
Entry Price: 
1.1400
Take Profit: 
1.1470
Stop Loss: 
1.1370
Direction: 
High
Result: 
Loss
How we trade
4.9/5 of 10 ratings

Yesterday, the Euro recovered 100 pips from two-week low 1.1310 level. Currently, the common currency is trading at around 1.1400 ahead of a very busy day with inflation data from the EU and US jobs report in the headlines. We would expect the positive Euro run to continue with massive sell-off also on the cards for today.

eurusd signal 04 jan 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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.