Mixed numbers again from US. NFP below consensus, which was expected as it is August, however EURUSD did not profit a lot from this number. It could be that the number is seen rather good considering the full employment is nearly reached.
However, as hawkish Yellen and some other members of FOMC may be, this does not mean a rate hike in September is decided.
As a result, I think EURUSD has some potentials to reach 1.12000-1.12300 again next week. The box on the graph indicates my long entry interest zone with a tight stop.
However, as hawkish Yellen and some other members of FOMC may be, this does not mean a rate hike in September is decided.
As a result, I think EURUSD has some potentials to reach 1.12000-1.12300 again next week. The box on the graph indicates my long entry interest zone with a tight stop.