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Level and Target Adjustments for the U.S. Session – April 3rd
Only the British pound could be
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Only the British pound could be traded in the first half of the day using the Mean Reversion strategy, but a proper downward reversal never materialized. I did not trade anything using the Momentum strategy.Ahead of the U.S. trading session, market participants are focused on the release of important macroeconomic indicators that could significantly impact the dollar's exchange rate. The key data will be the U.S. labor market figures for March. The report on changes in nonfarm employment is expected.
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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