EURUSD looks to have demand from 1.0495
EURUSD daily chart, demand looks to be setting from 1.0490 to 1.0520. The EUR resisted yesterday’s strong selling and saw a higher 4H bur are buyers once again rejected sellers at the 1.0490 support area.
Today sellers are trying to make a new test, but while we see support remain in play, we will continue to look for buyers to hold their ground and possibly push at a new counter-rally. A break of support changes everything, but the level looks firm for now.
Today’s US employment data release is definitely one that could change the short term picture.
Today sellers are trying to make a new test, but while we see support remain in play, we will continue to look for buyers to hold their ground and possibly push at a new counter-rally. A break of support changes everything, but the level looks firm for now.
Today’s US employment data release is definitely one that could change the short term picture.
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