31.07.2014 7:07 USDCHF
Report on the number of jobs in the private sector of the US from ADP did not prevent growth of the USDCHF pair
Buy on rebound from 0.9079 level with 0.9154 target. Stop loss = 0.9030.
Reason for the trading strategy.
The number of jobs in the US private sector from ADP increased in July to 218,000, with a forecast of 234,000, and a previous value of 281,000. However, over 3 months, the average value of the index was above 218,000, totaling 226,000. We assume that the positive expectations for the July jobs report outside the US agricultural sector will support demand for the dollar.
USDCHF, H4
Report on the number of jobs in the private sector of the US from ADP did not prevent growth of the USDCHF pair
Buy on rebound from 0.9079 level with 0.9154 target. Stop loss = 0.9030.
Reason for the trading strategy.
The number of jobs in the US private sector from ADP increased in July to 218,000, with a forecast of 234,000, and a previous value of 281,000. However, over 3 months, the average value of the index was above 218,000, totaling 226,000. We assume that the positive expectations for the July jobs report outside the US agricultural sector will support demand for the dollar.
USDCHF, H4
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