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Today is the release of the NFP figures in the US - these figures are expected to come in strong -- opinions among professionel traders forecast around +210k, while the consensus is around +170k
There is a good chance the major pairs will jump and fall a lot on the release, so I decide to stay out of these
I have found two interesting pairs to trade that will hold up technically whatever the release numbers are:
Aud/Nzd has dropped 500 pips the last couple of weeks, and seems to be supported around the psychological level 1.10
I am long on this cross
Eur/Chf is at its lowest in months around 1.2250 and the consensus is that it will hold at 1.22, I am long this pair too
GL today everyone
There is a good chance the major pairs will jump and fall a lot on the release, so I decide to stay out of these
I have found two interesting pairs to trade that will hold up technically whatever the release numbers are:
Aud/Nzd has dropped 500 pips the last couple of weeks, and seems to be supported around the psychological level 1.10
I am long on this cross
Eur/Chf is at its lowest in months around 1.2250 and the consensus is that it will hold at 1.22, I am long this pair too
GL today everyone
