TREND-KEY

King of indicators or Corona virus... who will win?

FX:EURUSD   יורו / דולר אמריקאי
The day has come where The "king of forex indicators" is going to bump into something else that resembles a crown!

EUR/USD has completed a 500-pip rally trading above 1.13 in an effort to recover from the recent nosedive amid coronavirus fears, as shown by the giant ARROW.

There is a market sentiment thinking that this rally only be the beginning as coronavirus spreads in America. For further direction let's see what NFP brings for the dollar. As, Economists Expect February payrolls to be at 175,000 mark.

The unemployment rate is expected to be unchanged at 3.6% and can give the pair a few Hiccups.

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