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Wednesday 6 May 2009

For today ADP Non-Farm Employment Change I would trade EURUSD. Both directions are quite similary possible, however if I traded short trade I would close quite quickly.
If news won't deviate far from expectations I would trade long [with expectation of crossing 1.3340], if its much higher than expected, I would short EURUSD [with possible bounce from 1.3220].

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