UPDATE: July 02, 2015
NFP missed expectations and a slight change in Unemployment have barely made the DXY decline a corrective move from a recovery with one day left to trade which priced in an overlay of the end of the week and the opening 2 days of the new month before the 4th of July celebration.. Take note that the USD price recovery has gained back what it lost which scared the "Rookies" out of the market both sides of the US and the Euro markets.
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As of July 01 Asian Trading session
The DXY have regained lost ground and rebounded back above key levels @96.00 basis point to this writing prior to up coming reports. Carefully monitoring their price net changes and range trading per session on a pull back or rebound are as equally important that we have always emphasized.
As .MegaTrade101.com by Sir Alexander who developed the system can determine the weighted percentage distribution versus the USD ahead of time with a fairly good assumption for each currency pair projected price target levels. This would likewise be the first part of the initial equation to derive its corresponding cross rate value and its projected price level moving forward.
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