Tomorrow's NFP news event is of great importance and the one, which would set the tone in USD pairs for rest of the month. Beside NFP numbers traders would be eager to see average hourly earnings numbers. Forecast expectations are for an increase of 220K new jobs and should the number come out as expected, we could see some massive up moves on USD pairs.
Update on NZDUSD trade: Decided to close trade for a 30 pips profit as price action is expected to remain choppy before NFP news event and as such cut trade before actual take profit was hit.
Update on NZDUSD trade: Decided to close trade for a 30 pips profit as price action is expected to remain choppy before NFP news event and as such cut trade before actual take profit was hit.