Posible profitable trades for today 03/06/2015

06.03.2015 / 10:07

Rating:

We expect the USA unemployment rate (feb) and the nonfarm payrolls (feb) data in 15:30. Very important data, Which can change trends and lead to strong moves before and after the news. The reason to be very cautious and trade certain pairs.

NZD/USD - active formation "double top", test of the breakthrough of level 0.7496 and a new negative impulse.

GBP/JPY - levels close to diagonal support, but on H4 graphics the move keeps its negative formation, under 13 and 25 MA. If the price goes under the bottom of the bar, which tests the support 186.36, we'll open a short position with a stop 40 pips and target a 182.34.

EUR/USD - keeps the short formation. Levels are good for a sell with a stop 1.1040 and a target 1.0950. If near 15:30 pm when are the news we don't have reached target or stop, position will be closed, in order to escape volatility and random moves.

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Posible profitable trades for today 03/06/2015

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