Outlook for EUR/USD for November 25. Euro trying to gain ground

0
35
Outlook for EUR/USD for November 25. Euro trying to gain ground

Outlook for EUR/USD for November 25. Euro trying to gain ground

Outlook for EUR/USD for November 25. Euro trying to gain ground

EUR/USD:

US jobs report was released on Wednesday, a day earlier than usual because of the Thanksgiving holiday.

The report showed that continuing claims for unemployment benefits in the United States edged down by nearly 300,000 – from 6.37 million to 6.07 million.

This means that US jobs growth is slowing down, but it is still growing.

The euro is trying to gain in value.

In the meantime, hold purchases from 1.1906, with a stop loss order at 1.1860.

In case of a downward reversal, sell from the level of 1.1840.

The material has been provided by InstaForex Company – www.instaforex.com

Source : https://www.fx.co/forex_analysis/quickview/264788/