Ouro/Dólar Americano

THE KOG REPORT - NFP Update

705
End of day update from us here at KOG:

Not much to report on todays movement, a bit of a disappointing NFP if we're to be honest. We gave the intra-day level of 2625 and said if it was attacked and held, it could give us that push upside into the resistance levels. That's what happened but it's too late in the session now to consider holding these trades with the weekend looming. For that reason, it's been a decent trade if you got it, protect and reward yourself.

Resistance above sits at 2642-5 which needs to hold in order to go lower. Otherwise, support 2630 again is in play giving us the potential range. If there is a late session move, keep an eye on the key levels! Red box levels also working well.

We'll be back on Sunday with the KOG Report and our view for the week ahead. Wishing you all a great weekend.

As always, trade safe.

KOG

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