WorldForex_Eng

EUR/USD Review, February 8-12, 2021

Long
OANDA:EURUSD   Euro / U.S. Dollar
The currency pair plunged last week but had an ascending correction on Friday as US average salary data as well as Non-Farm Employment change data releases were worse than expected. US Unemployment rate was better than expected and plunged to 6.3%.
There will be few important data releases this week. We expect EUR/USD to develop its growth targeting 1.2144.

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