EUR/USD Review, May 10-14, 2021 | worldforex
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EUR/USD Review, May 10-14, 2021
10 May 2021

The currency pair surged last week thanks to weak US Labor Market data. Unemployment Rate surged to 6.1% while Non-Farm Payrolls had a weak 266K growth.

We expect EUR/USD to develop growth this week. The currency pair is going to target 1.2218. This scenario will be cancelled if the ascending trend line is broken down.

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