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FX.co ★ Trading plan for EURUSD on 07/03/2019

Trading plan for EURUSD on 07/03/2019

Trading plan for EURUSD on 07/03/2019

Today at 13:15 London time, a report on employment in the US for June from the agency ADP will be released. It is important to confirm whether the trend of a significant weakening of the labor market, emerging in May. In the case of very weak data, we can expect a new wave of the falling dollar - and the growth of the euro.

You can buy euros from the support of 1.1250-1.1270 with a stop at 1.1220.

It is possible to buy at the breakdown of 1.1325 upwards and then at 1.1395.

Alternative: Sale from 1.1180.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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