NFP Dissapointed

The US economic releases have disappointed the market. The Non-Farm Payrolls were under estimates, 223K and the average hourly earnings remained unchanged. These triggered high volatility and a drop for the US dollar.

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1.1100 is under pressure

1.1100 round level is again under bears pressure. A break below this support could trigger a bigger drop for EURUSD. Next support is found at 1.1050.

Rally Team


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