Daily Strategy - Nevertheless positive Non-farm payroll report the dollar will lose again
EURUSD (1.2333)
Trend: Neutral/Upward
Support/Resistance: 1.2270 - 1.2395
For today the key fundamental data comes from United States. It is not expecting some big changes from the prior month of CPI and Core CPI schedule for 8:30 AM ET.
After the one of the best Non-farm payroll report from the last few years the dollar gained about 150 pips only against the Euro. For such positive news like Non-farm payrolls the gain of the dollar is not enough. Therefore this is a signal that the trend upward for EURUSD will continue after some temporary correction.
World-Signals.com trading strategy for today is to open long positions as buy at corrections close to levels of 1.2300.