Euro set to test/possibly breach key trend line hurdle of 1.1465

US data showed hiring picked up in June (slack in labor market) and wage growth dropped (weak consumption). The data is negative for the USD. I expected EUR/USD to test the key trend line hurdle of 1.1465 and possibly move higher to 1.15 handle.

EURUSD W1 (07-07-2017 1805).png

 

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