Waiting for release of convulsive NFP | 07 August 2015

07 August 2015, EUR/USD

Daily chart: in technical terms, the swing can go up. And given today's Non-Farm Payroll data, the word "technically" ceases to have any meaning. Be careful today .

Below remember about the area O&U, it is possible to have a pin down to this area.

Waiting for release of convulsive NFP

Hourly chart:on the dash down you can possibly pick up of orders from 1.0825. The same can be a place to take off to 1.10..

Waiting for release of convulsive NFP

Scenarious:

1) Dash to 1.10 and a roll down.

2) Dash to 1.0825 and growth to 1.10.

Solutions:

1) Open Purchases - to the break-even, profit at 1.10

2) Waiting with Limit Orders from 1.0825

Aleksey Panasenko
FreshForex Analyst
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