Euro has room to extend its gains, particularly if it breaks above 1.0770 EUR EURUSD $EUR $EURUSD
lds weighed on the greenback, alongside tepid US employment figures. The ADP released the May survey, which showed that the US private sector created 128K new job positions in the month, worse than anticipated and the slowest pace of job creation in the last two years.
On Friday, the focus will be on the US Nonfarm Payrolls report and the ISM Services PMI. The country is expected to have added 325K new jobs in May, while the resistance. The pair has extended its recovery above a now flat 20 SMA after meeting buyers around the 200 SMA. Technical indicators are within positive levels, although the RSI turned flat at around 57, suggesting some hesitation at current levels.View Live Chart for the EUR/USD
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