EURUSD outlook

Let's wait for NFP to release data, until then I'll keep how the sells will go for the mean time

Today is NFP (Non Farm Payroll). Expecting strong USD data.

Stronger jobs data, lower unemployment rate, stronger wage growth. All of these are negative for EURUSD and positive for USD

I have break even on my USDCAD trade but will look closely at the news reaction, because it's a data dependent environment

NFP might just drive the sells, before buys.

We'll soon find out

The just this news favors our direction. That way trades get to hit tp faster

How's this going? a break above 1.1420 will push price to 1.1460 region. Just play smart with the sells.

Lol. yes o

EU- is trading within this range. I'll just wait to see if NFP will drive price out of the range on any sides.

In other words, A stronger USD will Drive EU more on Sells, and a weaker USD will Drive EU for buys. DXY will continue buys if the data is positive(strong).

I'm still holding on to this Overview on EU. I'll only expect buys if it breaks above the 1.1500 price region.

A break above the 1.4210 price region will invalidate the sells. other wise, it will remain valid.

NFP is 4 minutes more

My trade at 1:5RR already, I was just seeing it that USD was weak and cad was becoming stronger

Price just hit exactly at my reaction level and is going up

Price is now bullish

Thank God I had set break even before the news

🤣🤣🤣 just give thanks to God you would have been used as liquidity for price , although price is filling some imbalance in usdcad

Real Thanksgiving😂😂

I'll just wait for price to retrace a bit so I can enter buys on EURUSD

I told you and exactly my reaction zone at that 1.13962 level that was where price reversed from

Yes you were right. I totally forgot about the fact that the sells I saw was in the discount of the whole selling range, so it wouldn't have worked, that's why I only got reactions of sells