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Summary

In this session you will see how easy it is to spot the "reversal zones" on the chart using a simple three step methodology. You will also know when to take a trade on these zones and when to leave the market alone. The latter half of the session will be spent looking at the markets from a naked point of view.
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Editors’ Picks

EUR/USD stays defensive below 1.1050, as US NFP data looms

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EUR/USD stays defensive below1.1050 in the European morning on Friday. The pair lacks a clear directional impetus, as traders refrain from placing fresh bets ahead of the key US Nonfarm Payrolls data. The focus remains on ECB-speak as well. 

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Economists expect the Nonfarm Payrolls report to show that the US economy added 140,000 jobs in September, following a job gain of 142,000 reported in August.

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