EUR/USD FOREX SIGNAL: PRESSURED AHEAD OF US INFLATION DATA

EUR/USD FOREX SIGNAL: PRESSURED AHEAD OF US INFLATION DATA
EUR/USD FOREX SIGNAL: PRESSURED AHEAD OF US INFLATION DATA

EUR/USD FOREX SIGNAL: PRESSURED AHEAD OF US INFLATION DATA

EUR/USD is under pressure after mixed US NFP data.

The pair retreated to 1.3200, down from a high of 1.0539.

Bearish View: Sell EUR/USD, take-profit at 1.0250, stop-loss at 1.0400 (1-2 days).

Bullish View: Buy EUR/USD above 1.0330, take-profit at 1.0400, stop-loss at 1.0250.

Focus now shifts to the upcoming US CPI data.

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