04 June 2021, EUR/USD
EURUSD trading plan:
A bearish rally in the precious metals market will have a negative impact on the value of the euro, as the European currency correlates with gold. Positive U.S. employment data buoyed the dollar and bond yields, and investors remained concerned about a potential pullback of stimulus measures. The U.S. recorded 385,000 initial jobless claims in the past week, lower than the 390,000 claims in forecasts. U.S. private employers increased hiring in May, with the ADP non-farm employment change rising to 978,000. The decreasing number of COVID-19 cases allowed businesses to re-open and boosted demand.
Investment idea: sell 1.2132 and take profit 1.2080.
Profit within arm’s reach
The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels.
To ensure profitable trading, implement the FreshForex strategy today:
1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading.
2) Send a request to school@freshforex.com and specify your account number. Make a note in the email that you want to receive a strategy.
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