Trading plan 12/06/2017
General picture: Markets are waiting for reports on US employment.
The report on business activity in the US services sector for November (ISM index) came well below the forecast (reading is 57, forecast is 60).
Still, the US and EU economies are in strong shape. At the same time, inflation is low, which excludes (so far) the sharp movements of the main securities.
Markets are preparing to leave for the winter holidays - but before that they are ready to play out the decisions of the Fed and the ECB (next week).
And today and on Friday the main thing is the reports on employment in the USA (on Wednesday the report from ADP at 12:15 pm London Time).
Euro: An important level of 1.1807 has been break through - but did not go down.
Enter down from 1.1799
Or upward from 1.1880
Trend upward, buy from rebound.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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