The Dollar with strong support ahead Non-farm payroll week
The Dollar with strong support ahead Non-farm payroll week
May 30, 2018
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| **Daily Strategy - The Dollar with strong support ahead Non-farm
payroll week**
News:
| EURUSD (1.1726)
Trend: Neutral/Downward
Support/Resistance: 1.1560 - 1.1785
This week start with a holiday in United States. It is a Memorial Day
and holiday in U.K. for Spring Bank Holiday.
In Germany on Wednesday there are important events that may send
positive signals for the biggest economy in Euro Zone. Also on Wednesday
we will focus over United States GDP report that also may send positive
signal.
But the major fundamental news this week is schedule for Friday - U.S.
Non-farm payroll report and Unemployment rate. It is also expecting
positive news that already the market generated with the latest Dollar
gains. The positive news for the Dollar may continue follows the end of
the Trade war with China.
[World-Signals.com][1] trading strategy this week is to trade into
neutral direction in the first day of the week after the correction at
the start of trading and to open short positions for new gains of the
Dollar during the mid of the week.
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- www.world-signals.com (www.world-signals.com)