The US private sector job number increased 237,000, better that expected 218,000, which hit the highest growth since Dec,2014. ISM Manufacturing Index of June rose to 53.5 from 52.8 in June, creating a new record during those five months. Improving American economy data will lead to a bullish USD.
During the session today, Construction PMI(June) will see light in Britain, with PPI(YoY) released in Eurozone.First-time applications for state unemployment insurance of week June 27th and unemployment rate(June) will see light in America at 20:30. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.
EUR/USD
Since USD acted strongly against EUR, we are buyers of put option. Resistance is found at 1.1150/1.1200.
USD/JPY
As the USD/JPY is in bearish trend, we like buying call option. Resistance is found at 123.80/124.30 and support at 122.80/122.20
GBP/USD
The GBP/USD pair continues to show signs of bearish momentum, and we are considering buying put options. Resistance is found at 1.5700/1.5800 and support at 1.5550/1.5500.
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