forex.pm forex forum binary options trade

Forex news -forex broker review => Forex => Topic started by: forex4you on Feb 05, 2022, 04:39 am

Title: EURUSD bounces back after US jobs dip runs out of steam
Post by: forex4you on Feb 05, 2022, 04:39 am
EURUSD bounces back after US jobs dip runs out of steam

EURUSD on the hourly chart


The EURUSD moved lower after the US jobs report. The price extended back below its 100 day moving average at 1.14281 the low price reached 1.1411 before bouncing back higher over the last few hours (see hourly chart above).
That rebound back to the upside ha

Source: EURUSD bounces back after US jobs dip runs out of steam (https://www.forexlive.com/technical-analysis/eurusd-bounces-back-after-us-jobs-dip-runs-out-of-steam-20220204/)

forexlive.com