NFP week
IN MY OPINION (NOT A FACT): USD buyers are setting themselves up for failure. NFP is expected to come in MORE THAN DOUBLEEE than last month's report. Lets not kid ourselves here. Growth within the U.S. isn't that substantial.. but from a technical view, the pair has hit the .25% fib level (1.1792) on a weekly time frame, and this long aligns with a nice potential turn around back to the .5% (1.198) fib level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.