FX.co - Evening review for EURUSD on 12/06/2019

2019-12-06T14:23:47

Relevance until2019-12-07

Nonfarm +266 K.

In the private sector +254 K.

The unemployment rate fell to 3.5% from 3.6%.

Very strong data and completely uncorrelated with the report from ADP two days earlier (a total of +67k).

The euro made a noticeable decline.

We keep purchases from 1.1035. You can put a stop at breakeven.

Entry down from 1.0980.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ Evening review for EURUSD on 12/06/2019