The price made a strong jerk and left our channel. But it was stopped by the level of 1.085. I think that he has enough strength to “cool” the EURUSD a little. And drop this currency pair to the support level of 1.080. In the future, however, I see growth. 1.080 is a good psychological level for buying. Therefore, the prospects for growth here are good. My final target is the 1.089 resistance zone.
📊QUICK FUNDAMENTAL LOOK
The EURUSD pair advanced more than 1% on Wednesday and early Thursday after fresh data from the US painted an optimistic picture for the world’s biggest economy. Private sector job growth, according to the ADP report, expanded at the fastest clip since July 2023. American companies tapped 184,000 people to join the ranks of the workers, more than the 155,000 in February.
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