USD jump uptrend with all pairs after 4 hours for next 1hour. It is best trade for binary option.
Four hours later, there is a big event of USD due to which, in one hour, one can go on the uptrend.These benefits can be very good for Binary Options Traders take expiry time 1hr.
🇱🇷 The event description is as follows.
The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.