Short

EUR/USD:SELL From Resistance ZONE 61.8% FIBO JOLTS News SHORT

Updated

The EUR/USD continues its deep retracement and today the price it's inside a strong resistance area ( White rectangle ) between the 50% and the 61.8% Fibo levels. In this area of price, the EUR can be struggling to continue its raising and that can be a good turning area point for the USD. Today there is the JOLTS Job Openings news release it is the Number of job openings during the reported month, excluding the farming industry. Actually, the forecast is under the previous data which means can be a bearish forecast for USD but, the data It's released late, which can impact the market because job openings are a leading indicator of overall employment. Our forecast remains Short for EUR/USD.

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Note

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