FX.co ★ EUR/USD

Hello traders, everything is stable for us regarding the EURUSD pair, as we continue to trade within the same range. Even on Friday, there was a decline and we closed near the day's lows, indicating pressure to the downside. We still have an auction where there are targets on both sides, as the area around 1.1442 remains relevant, and we may see new lows there. On the other hand, the levels around 1.1629, 1.1638, and beyond are also significant. However, we should not forget that we received positive labor market data in the United States, which should still be factored in. Therefore, I believe we will move below 1.1442, maybe even to 1.1390. But I will be watching for buying opportunities there.