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EURUSD: 06/04/2024

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FOREXCOM:EURUSD   Euro / USA-dollar
Regarding EURUSD, our previous two trade concepts for EURUSD adhered to our critical level and rebounded effectively, resulting in a cumulative gain of over 400 pips. However, recent economic data has favored the USD. We maintain our belief that the EURUSD price can continue to rise and reach our target profit zone.

The NFP and other crucial news reports indicated that the US non-farm sector added more jobs than anticipated. In our assessment, this news remains ambiguous and will not significantly impact the market.

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