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EUR/USD Signal - 07 Jul 2016

Signal details
Entry Price: 
1.1060
Close Price: 
1.1062
Direction: 
High
Expiry Time: 
20:00 GMT
Result: 
ITM
How we trade
5/5 of 2 ratings

The EUR/USD has been under-performing today as the single European currency didn't manage to hold gains above 1.1100. Come the end of the London trading session the pair was trading around 1.1065, which in our views is providing a pretty good call buying opportunity.

We are focusing our attention on the 1.1060 level to purchase our daily call binary options and are looking to expand the trade if the non-farm payrolls number tomorrow is less than 150,000 new jobs created. The pair is looking strongly supported around 1.1050 for the time being.

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.