EXNESS - Analytics

    EXNESS

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    EURUSD: consolidation above the level of 1.0825

    Sell on a level breakthrough of 1.0825 with 1.0710 target. Stop loss = 1.0880.

    Reason for the trading strategy

    According to the ADP, the number of jobs in the US private sector increased by 214 thousand in February, with a forecast of 185 thousand; the figure for January was revised downward from 205 thousand to 193 thousand. In general, the positive statistics supported the world's reserve currency. The yield on 10-year US bonds rose to the level of 1.84% from the February low of 1.66%.  

     

    EURUSD, H4

     


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