Daily Forex Analysis | NFP Summary and Trade Ideas

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In this currency call, we shared a summary of NFP (Non-Farm Payroll) for October 2021 and some trade ideas on the AUDUSD and NZDUSD with JinDao Tai from LCMS Traders

02:00 - DXY Analysis

08:00 - NFP Summary and Trade Ideas

Currency call summary 11 10 2021:

AUDUSD sell trade idea:

Entry: 0.7310

SL: 30 pips

TP: 60 pips

Alternatively if price continues to move higher selling opportunities are present if the 0.7395 resistance zone can't be broken.

AUDUSD sell trade idea:

Entry: 0.7385

SL: 30 pips

TP: 120 to 150 pips

NZDUSD sell trade idea:

Entry: 0.6912

SL: 40 pips

TP: 80 pips