Late in the evening at 6:00 PM London time – the decision of the Fed on rates. Experts do not expect an increase, but the Fed statement will be “tough.”
But before that: At 12:15 PM London time a private report on employment in the US will be issued from ADP – a strong report is likely.
EURUSD: Given the previous strong euro decline, we are waiting for a strong rebound to the top to 1.2100 – and then a new downward call.
Sell the euro from 1.2100, stop at 1.2145, profit at 1.2000.
The material has been provided by InstaForex Company – www.instaforex.com
Burning forecast 05/02/2018
EURUSD – Waiting for a strong upward rebound.
Today – important news on the US:
Late in the evening at 6:00 PM London time – the decision of the Fed on rates. Experts do not expect an increase, but the Fed statement will be “tough.”
But before that: At 12:15 PM London time a private report on employment in the US will be issued from ADP – a strong report is likely.
EURUSD: Given the previous strong euro decline, we are waiting for a strong rebound to the top to 1.2100 – and then a new downward call.
Sell the euro from 1.2100, stop at 1.2145, profit at 1.2000.
The material has been provided by InstaForex Company – www.instaforex.com
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