Update: Euro rallies strongly

Economies.com
2016-05-06 12:45PM UTC

The EURUSD pair traded with strong positivity approaching from 1.1494 level and keeps its stability below it until now, as the price was affected by the negative data of the unemployment and non-farm payrolls from the US economy, and as long as the price is below the mentioned level, the bearish trend scenario will remain valid for the rest of the day, reinforced by the quick bearish rebound to move below 1.1420 level now.

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