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EURUSD: Pay attention to 1.1238 1.1150 and 1.1065

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Today’s focus is on NFP and Unemployment rate. Traders should not pay attention to NFP alone, as Unemployment rate is also VERY IMPORTANT. The EURUSD movement will be affected by the result. If we see predicted 190K expansion in NFP but higher unemployment rate (x>5.0%) It may cause another EURUSD rally. Attention should be focused on the “WOOD”, not just a “TREE”. Bigger picture tells me that the price has already spiked up all important camarilla levels. Similar to Murrey math octaves we

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