FX.co ★ EUR/USD

It is worth noting that nothing has really changed for the EURUSD pair in the sense that the upward movement is still continuing. Once again we updated local highs and even reached 1.1580, but in the end we didn’t even manage to hold above 1.1560. And partly because of this we can roll back more significantly, especially since I still don’t see any clear nearby targets in either direction. But of course the dollar is in control here as well, and it has dropped again. Which is not surprising, because we got negative NFPs. However, the unemployment rate itself went down. Overall, I’m still looking to the upside, but a pullback is needed. So if we drop again at least to the 1.1525 area, I’ll buy there too, but only with a stop.