In the U.S. market on Thursday, the USD index rose strongly by nearly 70 points, reaching a three-week high of 90.55. Euro fell off a cliff yesterday. The number of ADP employment in the United States surged by 978,000, the largest increase since June 2020; the number of people claiming unemployment benefits at the beginning of the week, The final PMI of Markit service industry in the United States recorded 70.4% in May, and the ISM non-manufacturing PMI recorded 64 in May. Both hit record highs, and the Federal Reserve announced on Wednesday that it would begin to scale back a plan to support the economy. From the technical point of view, the euro daily line closed the negative line and quickly broke through the key support level near 1.2140. From the H4 graph point of view, the turning head of brin middle rail was down, and the dead fork operation near the zero axis of MACD was weak. Overall prioritise operation on the fluctuation zone. The deciding point whether to buy or sell is near 1.2140.
Resistance：1.2140-1.2165-1.2200
Support：1.2080-1.2050-1.2000
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.