EUR/USD path of least resistance is down after the NFP blow

The EUR/USD kicks off the week around the low levels it closed the previous one. Can it recover? It will not be that easy as our analysis demonstrates. The Technical Confluences Indicator shows that the pair faces a wall of resistance around 1.1587. The dense cluster, which spans some 20 pips, consists of the potent lines such as the Fibonacci […]

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