Update: Euro retests
Economies.com
2016-02-05 15:34PM UTC
The EURUSD pair declined clearly affected by the positive unemployment data coming from the US economy, to retest 1.1120 level now, which urges caution for the upcoming trading, as breaking this level will put the price under more negative pressure, opening the way to head towards 1.1005 as a next main station.
Stochastic reaches the thresholds of the oversold areas to support the chances of regaining the bullish track.
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