Not very much news today and the euro is quietly drifting back to the 1.17 handle.
The non-farm payrolls tomorrow could be key to whether the euro bullish momentum can continue.
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There has been 1 trade from my MT4 EA since the last update. It was a loss. The U.S. dollar overall average was at a rating of 88% – SELL. The EURUSD current support / resistance levels are: 3rd Resistance Point 1.22090 2nd Resistance Point 1.21753 1st Resistance Point 1.21480 Last Price…
The euro bounced back from its recent low of 1.2154. The EUR/USD soared late Thursday because of the U.S. President’s announcement of tariffs on steel and aluminum starting next week. The U.S. dollar weakened against the major currencies immediately as nothing could scare more Wall Street than the trade protectionism. Yesterday,…
The euro plummeted after the U.S. job report. The EUR/USD fluctuated between 1.2480 and 1.2510 before the job report. The job numbers came in better than expected and the common currency dropped on the news. The U.S. 10-year treasury yields soared today from 2.78% to 2.84%, and prompted a steep…