Waiting for non-farm payrolls to be released. The numbers are expected to be positive for the dollar. Generally, looking for a SHORT in the EUR/USD since it already hit a key target above 1.20 this week.
USD/ZAR and USD/JPY are a bit difficult to pin down at the moment. Technicals have a bearish bias, but with ADP numbers good earlier this week, a bullish move is very likely.
Most likely, will wait for a better risk/reward ratio trade next week and not enter a trade today.
USD/ZAR and USD/JPY are a bit difficult to pin down at the moment. Technicals have a bearish bias, but with ADP numbers good earlier this week, a bullish move is very likely.
Most likely, will wait for a better risk/reward ratio trade next week and not enter a trade today.
