There's nothing to recap about yesterday's action, I missed out to trade last night, but hell no will I missed out my second big chance tonight. For your great reminder, the two top-market-mover, the NFP and the ISM will be released tonight at 8.30 and 10.00 accordingly. The interesting (but might be deadly) confluence of the NFP and the ISM release could produce and spark big breakouts, so set/aim your gun straight. Here's my take for those care for it anyway;
Market consensus = 135k, a reading within a few thousand from the consensus target should see a minimal impact on euro.
Above 135k = Would most likely provoke a dollar rally (1.3400-1.3380)
Below 85k = the euro could skyrocket to the heaven's high (1.3550-1.3560)
Here's the pivot point calculation for the day:
R3 = 1.3533
R2 = 1.3505
R1 = 1.3478
PP = 1.3450
S1 = 1.3423
S2 = 1.3395
S3 = 1.3368
Trading ideas: None I think, I don't like to give my trading ideas in the wake of NFP.
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