The EUR/USD pair signaled that the leg higher is over. A new lower low activates a larger drop. The US data could be decisive in the short term. The EUR/USD price ended its strong rebound. Now it may turn to the downside again. Fundamentally, the USD received a helping hand from the US data yesterday. … Continued
The post EUR/USD Price Rally Capped by the Parity Level, Focus on US NFP appeared first on Forex Crunch.