US Dollar remain strong & closed the week with gains against most major rivals, last Friday NFP US employment figures recovered 1.37 million jobs in August.
Unemployment rate improved to 8.4% better than previous 10.2% and Labor Force Participation Rate increased by 61.7%.
Technically, price is entering into uptrend channel pitchfork and short-term trend is bullish, targeting price movement would head towards median line key resistance level for another retest.
We are still looking at long-term range trading at the moment.
Unemployment rate improved to 8.4% better than previous 10.2% and Labor Force Participation Rate increased by 61.7%.
Technically, price is entering into uptrend channel pitchfork and short-term trend is bullish, targeting price movement would head towards median line key resistance level for another retest.
We are still looking at long-term range trading at the moment.