Sell on a level breakthrough of 1.1476 with 1.1397 target. Stop loss = 1.1530.
Reason for the trading strategy
The US economic statistics released yesterday were mixed, but it supported the world's reserve currency. In April, the number of jobs in the private US companies rose by 156,000 with a forecast of 196,000. The ISM business activity index in the US services sector rose from 54.5 p. to 55.7 p. in April. In March, the US trade deficit decreased by 14% compared with the revised figure for February and amounted to 40.4 billion dollars.
Reason for the trading strategy
The US economic statistics released yesterday were mixed, but it supported the world's reserve currency. In April, the number of jobs in the private US companies rose by 156,000 with a forecast of 196,000. The ISM business activity index in the US services sector rose from 54.5 p. to 55.7 p. in April. In March, the US trade deficit decreased by 14% compared with the revised figure for February and amounted to 40.4 billion dollars.
Exness - EURUSD: consolidation above the level of 1.1476
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