24 September 2021, EUR/USD
EURUSD trading plan:
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week. Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 351,000 for the week ended Sept. 18. The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 750 to 335,750 last week. A survey from data firm IHS Markit showed business activity grew at its slowest pace in a year in September as companies struggled with ongoing shortages of raw materials and labor. This is a negative macroeconomic statistic for the dollar.
Investment idea: buy 1.1719 and take profit 1.1790.
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