FX.co ★ Breaking forecast 11/03/2017

Breaking forecast 11/03/2017

Ready to earn on strong movement on the U.S. employment report

On Friday, the important news is the official US employment report for October (Nonfarm payrolls).

Analysts predict high figures of + 200, 000- +300. 000.

At the same time, several important news in favor of the US dollar, already released in recent days, did not lead to a strengthening of the dollar - on the contrary, the EURUSD rate keeps near the highs of the week.

It is still preferred to hold EURUSD buying from 1.1660 with a target of 1.1760.

However, in case of a sharp turn down sell from 1.1574 - also based on a strong move.