Trading Plan 05/03/2019 EURUSD

On the market, a reversal towards the dollar - after strong data on US GDP data for Q1 (+ 3.2%) and a strong employment report for April from ADP (+275 K).

If strong labor market data is confirmed on Friday (Nonfarm) at 11:30, the market may start a trend towards a stronger dollar.

EURUSD: Strong daily levels.

Buy from 1.1270.

Sell from 1.1110.


The material has been provided by InstaForex Company -