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The dollar may lose about 100 pips ahead Nonfarm payrolls report
Category: Forex Forecasts & Signals
Posted by on April 3, 2017 at 04:47 PM
This week the most important news is far in the last business day of the week. The Unemployment report and NonFarm Payrolls are on focus. It is expecting worse results than a prior week. Nevertheless the dollar gains in the last 4 days by last week and stop the gains today.
The current support level is at 1.0595 while we found resistance at 1.0730. trading strategy this week is to open long EURUSD position with target above 1.0730 close to 1.08 level when is possible turn down at current levels.

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