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New EURUSD strategy for this upcoming progressive week

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  • New EURUSD strategy for this upcoming progressive week

    The new week will start with Independence Day in USA and low movements on the market.
    The first coming important weekly events according to will begin at the middle of the week, where we expect Trade Balance's info, ISM Service , FOMC Minutes in USA and Non-monetary's ECB meeting with ECB President Draghi speech at 7 GMT.
    Thursday will begin with ECB Monetary Policy meeting at 11:30 GMT.
    This week take most your time and pay attention to Friday's American US Nonfarm Payrolls and Unemployment rate. The data is very important, because as we know from last month there is very low percentage in new opening working places. If the scenario from last month repeats there is room for concern in unemployment market's rates and stability.
    Brexit's event will remain his influence in the economy all around the world as the tiniest rumors could collapse the market. new strategy is to wait the rush of the euro in the first half of the week and to open short positions with main objective 1.10 and less.
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