EUR/USD: The pair should be more impacted by US figures than by the Fed. The economic weakness of the Eurozone is evident. The geopolitical context in the Middle East supports the dollar which gained ground last week. The pair has been trading in a narrow trading range. We will be watching the figures from the employment report this week.
Supports for the pair are at 1.0520 then 1.0450. Resistances are at 1.07 then 1.0770.
by Philippe Lhermie, trader, trainer at https://www.traderchange.com/ former chief forex trader of a central bank Copyright (c) 2023 TV Finance https://www.tvfmedia.fr
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