EURUSD with nonfarm news in July 2018

EURUSD is in a short-term uptrend but still under strong selling pressure on the H4 time frame, while the nonfarm news is expected to be worse than expected so the market is a bit hesitant.

Currently, the dollar index is at the lowest level in the past two weeks, if the news is better than expected, the USD index may rebound strongly from this support.

EURUSD will be sold down with the butterfly model, plus the risk of trade war in China and America will also make the dollar more valuable

Sell limit EU at 1.1720-1.1750 SL 1.1780 TP 1.1550