Firstly, the price can`t close above 1.1400 . a round number which many trader give attention to. The price try to push up but it can`t.
Fundamentally, although Powell gave a speech that sound dovish . But overall US economy still looking great with NFP increase to 312K and Average Hourly Earning increase to 0.4%. Compared to Euro , US economy is looking better. That is why i think downside is still possible. Drop your idea and opinions. Like and Share please