FX.co - EUR/USD. Evening overview on February 3

2021-02-03T14:56:46

Relevance until2021-02-04

EUR/USD

The US unveiled its ADP non-farm employment change report. According to the data, the number of employed people advanced by 174 thousand in January.

It is a really strong report that is likely to support the US dollar.

Sell positions could be opened from 1.2055 with the stop at 1.2100.

Buy positions could be opened near 1.2160.

*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 ★ EUR/USD. Evening overview on February 3