The Euro Is Waiting for Tomorrow’s U.S. Job Data and the FOMC Rate Decision Next Week

The euro continued to move lower and touched 1.1775 before it moved back up near 1.18.

The EUR/USD is moving within a tight range in quiet trading.  The economic data didn’t affect the euro very much.  The U.S. weekly jobless claims fell to 236K in the week ended December 1st, slightly below the forecasted 240K.

Tomorrow, we have the U.S. job data.  Next week, we expect the Fed to raise the interest rate by 0.25%.

There have been 2 losses from my MT4 EA since the last update.   They were triggered last Thursday and Friday.

The strategy can be found here.

The latest result can be found here.

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