EURUSD Technical Analysis: Market Behavior Post Soft US NFP Report
Tuesday, 9 July 2024, 07:52
EURUSD Technical Analysis
The EURUSD pair demonstrated strength by surpassing the 1.08 mark, but is currently experiencing a consolidation phase post the latest US NFP report.
Market Behavior
Traders are closely observing the market to determine the upcoming trend following the recent developments.
- Consolidation Phase: The market is currently consolidating after the impact of the US NFP report.
- Anticipation: Investors are eager to see the next move in the EURUSD pair.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.