EXNESS - Analytics

    EXNESS

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    EURUSD: under pressure against the background of a growing US dollar

    Sell on a level breakthrough of 1.1035 with 1.0951 target. Stop loss = 1.1085.

    Reason for the trading strategy

    Yesterday's US macroeconomic data was better than expected, supporting the dollar. The ISM business activity index in the US manufacturing sector rose from 52.8 p. to 53.5 p., the number of ADP jobs in the US private sector increased by 237 thousand. After a recent decline to 2.3%, the yield on 10-year-olds US bonds rose to 2.42%.

     

    EURUSD, H4

    EURUSD


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