US Dollar remain strong & closed the week with gains against most major rivals, last Friday NFP US employment figures recovered 1.37 million jobs in August.
Unemployment rate improved to 8.4% better than previous 10.2% and Labor Force Participation Rate increased by 61.7%.
Technically, price is entering into uptrend channel pitchfork and short-term trend is bullish, targeting price movement would head towards median line key resistance level for another retest.
We are still looking at long-term range trading at the moment.
Unemployment rate improved to 8.4% better than previous 10.2% and Labor Force Participation Rate increased by 61.7%.
Technically, price is entering into uptrend channel pitchfork and short-term trend is bullish, targeting price movement would head towards median line key resistance level for another retest.
We are still looking at long-term range trading at the moment.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.