Euro/Dollar: Situation Contradictory

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURUSD 1H Yesterday’s Trading: The euro/dollar closed slightly down on Friday. Moreover, after the publication of strong NFP data, a long shade appeared on the daily candle. The key currencies were showing mixed movements by the end of the trading session. Whilst one strengthened against the dollar, another weakened, Now I will explain why this happened. The Non-Farm Payrolls came out better than expected. Job creation in the US non-agricultural sector during December was up by 292k

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