EUR/USD Struggles Near Three-Week Low Amidst Political Uncertainty in Eurozone
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#15296a3b ver:0.75

EUR/USD struggles near 3-week low amid political uncertainty in Eurozone. US NFP data will provide cues on Fed rate cuts. EUR/USD pair may break out of Inverted Head and Shoulder pattern for bullish reversal. However, pair vulnerable below 100-day SMA. Strong US jobs data and EU political developments put pressure on EUR/USD. Market awaits further political developments. No expectation of Euro collapse, but limited chance of challenging 1.10 level. Possibility of testing 1.06 level again gains ground. Waiting for levels near 1.06 to assess buying opportunity. #EURUSD #forex #NFP #Fed #Eurozone...

#newstr #Eur/usd #UsJobsData #PoliticalDevelopments #Eurozone #France 

 https://here.news/story/15296a3b?ver=0.75