EURUSD - Short - Payrolls Friday
EURUSD has bounced towards 1.10 as it failed to challenge 1.09 yesterday following it's recent downtrend. Yesterday's ISM manufacturing came in at 49.1 vs 51.3 expected so we now await payrolls and average hourly earnings data on Friday. We do not see major upside potential for the currency pair and still see prices heading below 1.09 in the near term.
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