EUR/USD Fluctuates Ahead of US Jobs Data Amidst Political Uncertainty in France and Cautious ECB
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#15296a3b ver:0.77

The EUR/USD exchange rate remains steady ahead of US jobs data, with traders awaiting the release of Nonfarm Payrolls for May. The European Central Bank's recent interest rate cut and political uncertainty in France are contributing to the euro's struggle. The pair is currently trading near the neckline of an Inverted Head and Shoulder pattern, with a potential breakout indicating a bullish reversal. However, the pair is vulnerable below the 100-day SMA and the path of least resistance is expected to be to the downside. #EURUSD #forex...

#newstr #Eur/usd #ExchangeRate #UsNfpData #EcbInterestRates #LaborMarket #PoliticalUncertainty #France #EurozoneIndustrialProduction 

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