FX.co ★ EUR/USD

Hello traders, A very interesting situation has developed on the EUR/USD chart. Right before the release of important news and statistics, we have reached an interesting point on the chart. There is a wide and significant resistance zone from 1.1780 to 1.1815 above. If the price enters this zone, selling the pair could be interesting, but selling with the expectation of a correction, as the trend is upward and the price may resume active growth from 1.1680, where strong support is present. We are waiting for the publication of PMI index data for European countries, which can also provide good volatility. In the evening, the US labor market data will give strong impetus to movements, especially considering how long it has been since we last had NFP publication.