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EUR/USD Price Rally Capped by the Parity Level, Focus on US NFP

Started by forex4you, Oct 07, 2022, 04:16 am

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Oct 07, 2022, 04:16 am
EUR/USD Price Rally Capped by the Parity Level, Focus on US NFP

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


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