EURUSD Target 1.15

EURUSD has been rallying since the beginning of June with all hopes that the US economy is in full recovery mode. Later today we have a Fed meeting where Powell will discuss the Fed's outlook for 2020. Last Friday's jobs data beat the street estimate along with the JOLTs jobs openings report yesterday also showing signs of expansion in the second quarter.

All eyes are on the Fed but I'm suspecting to see further dollar weakness following the report up towards the 1.15 handle.

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