Pre-NFP Analysis
March 8th Non Farm Employment Change Scenarios
DXY: Look for reaction at 103 resistance level.
Strong NFP (>250k) : DXY break through and climb to 103.70
Weak NFP (<140k): DXY reject and drop to 201.10
NZDUSD: Sell 0.6155 SL 30 TP 80 (DXY strength)
AUDUSD: Buy 0.6655 SL 25 TP 70 (DXY weakness)
USDJPY: Sell 147.50 SL 40 TP 145 (DXY weakness)
GBPUSD: Sell 1.2765 SL 25 TP 60 (DXY strength)
EURUSD: Buy 1.0905 SL 30 TP 75 or Buy 1.10 SL 30 TP 80 (DXY weakness)
USDCHF: Sell 0.8765 SL 20 TP 40 (DXY weakness)
USDCAD: Buy 1.3455 SL 25 TP 85 (DXY strength)
Gold: Could retrace down to 2126, bounce higher to 2175
DXY: Look for reaction at 103 resistance level.
Strong NFP (>250k) : DXY break through and climb to 103.70
Weak NFP (<140k): DXY reject and drop to 201.10
NZDUSD: Sell 0.6155 SL 30 TP 80 (DXY strength)
AUDUSD: Buy 0.6655 SL 25 TP 70 (DXY weakness)
USDJPY: Sell 147.50 SL 40 TP 145 (DXY weakness)
GBPUSD: Sell 1.2765 SL 25 TP 60 (DXY strength)
EURUSD: Buy 1.0905 SL 30 TP 75 or Buy 1.10 SL 30 TP 80 (DXY weakness)
USDCHF: Sell 0.8765 SL 20 TP 40 (DXY weakness)
USDCAD: Buy 1.3455 SL 25 TP 85 (DXY strength)
Gold: Could retrace down to 2126, bounce higher to 2175
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