EUR/USD
Looking at EURUSD’s chart, we can see that is it in a downward trend and after yesterday’s victory of Meloni in Italy, the FX pair opened sharply lower hitting a new all-time low. Currently, it is traded at around 0.9638, up from its lowest level of around 0.9550 but today we could not expect it to rise above the level of 0.9750.
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EUR/USD tests fresh tops above 1.0870 on NFP
The selling bias in the US Dollar gathers extra pace on Friday after the US economy created fewer jobs than initially estimated in February, sending EUR/USD to the area of new highs around 1.0870.
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