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

forex 0 Minutes

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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