U.S. jobless rates climbed to a four-year high to 7.6% from an expected 7.5%, as more American’s entered the labor force. Payrolls rose to 175k from an expected 163k, helping the USD/JPY reach a high of 97.15, while the EUR/USD fell to 1.3190.
Trade Idea
EURUSD
A close and break of the 1.3195 support level should have the pair heading to the 1.3130. A bounce of the support level could have had it aiming once again for the 1.3300 level.
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