OctaFX_Official

EURUSD jobs in focus

FX:EURUSD   Euro / U.S. Dollar
The euro currency is still holding firm against the US dollar, with the pair remaining well-supported above the pivotal 1.0950 technical region. EURUSD traders are heavily focused on the release of US jobs data later today, with a worse-than-expected likely to prompt a rally towards the 1.1070 level. A better-than-expected number may see the EURUSD pair forced back toward the 1.0920 are.

• The EURUSD pair is only bearish while trading below the 1.0950 level, key support is found at the 1.0920 and 1.0880 levels.
• The EURUSD pair is bullish while trading above the 1.0950 level, key resistance is found at the 1.1025 and 1.1070 levels.

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