The weaker Employment report sends the dollar higher (the EURUSD lower)...
If I surveyed 100 people before the employment report, most would say a jobs gain of 160 with revision lower of 18K, and the unemployment rate going to 5% from 4.9% would be more bearish for the USD (higher EURUSD). IN reality, that was the first move, but the pair could not get and stay above key resistance, and the buyers were left scrambling in the opposite direction.
In this video, I discuss, how can you protect yourself when things do not go your way.
REMDINDER:
- If you like this video - or don't like it - let us know by clicking the Thumbs Up or Thumbs Down on our YouTube page.
- If you feel the urge, go ahead and click Share too. It is through your feedback, that we get feedback (redundant, but true).
- If you want to Subscribe to our YouTube channel, you can hit the Subscribe button there.
- Finally, if you want to be included on our email list, click on the blue box below. We want to stay in touch.
