Expectations for yesterday's day were completely justified. The euro / dollar after consolidation in the range 1,1070-1,1105 gone up. trendline was broken at the level of 1.1105.Now the road is open to 1.1215.
Strong employment data in the US market is not enough to raise the Fed rate in September. In dollar correction began.
Expectations for today:
In Asia, the euro strengthened against the dollar by 35 pips to 1.1152. I do not see any obstacles for further growth of the euro / dollar. On Wednesday, the news background is scant. You can grow all three sessions in a row. According to the forecast forward pullback to 1.1140 / 30, followed by an increase to 1.1180.
News of the day:
At 17:00 MSK US - The number of vacancies (excluding agriculture) in June
At 17:30 MSK US - Change oil from 1 to 7 August
At 21:00 MSK US - Balance the federal budget for July
Intraday Forecast: minimum - 1.1140, maximum - 1.1180, closing - 1.1165.
Fig. 1 euro / dollar exchange rate, the time period. Data source: TradingView
Bulls were able to play all the losses they suffered on Friday after the publication of strong data on the employment market. I believe that will be another triple up with the aim of 1.1200. Today my goal at Euro 1.1180 for 112 to degree Gunn. Now it is important to keep the Bulls defense in the zone 1.1130 - 1.1140.