Trading plan 02.02.2018
General picture: The market is waiting for the Non-Farm Payroll report
The market remains in a state of overall growth against the dollar.
However, there is a strong stop on the Japanese yen. While the pound rises sharply but did not allow to join the growth.
The Euro seems ready to bounce upwards.
Buy the Euro with the target of breaking through the levels 1.2540 and up to 1.2620.
Pound: To sell the pound is too early and clearly very risky.
There is still no good point to impose buying.
For pound - simply observe.
Euro - should purchase from 1.2480
* The presented market analysis is informative and does not constitute a guide to the transaction.
The material has been provided by InstaForex Company - www.instaforex.com