At the end of the trading week the EUR/USD shared currency pair is trading hard in the proximity of the 1.1000 trading point this became live just before the announcement of the NFP data release.
EUR/USD trading analysts believe that the ascending trend is now a very hot subject because of the recent increase in the trading volume of the EUR/GBP European currency.
Traders have already announced that the most important data releases for this week is the United States non-farm which went upwards by a positive value of +4.7%.
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High = 1.0992
Low = 1.0929
S3 = 1.0854 S2= 1.0882 S1 = 1.0907
R1 = 1.1028 R2 = 1.1056 R3 = 1.1083
For the time being the EUR/USD shared currency pair is going upwards by a positive value of +0.16% and it is keeping a tight grip on the 1.0981 trading point therefore by jumping over the 1.1045 level this will clear the path towards the 1.1079 point at first followed close up by the 1.1123 level.
On the other side of the coin there are many points beginning with the 1.0823 level continuing with the 1.0779 level and lastly ending with the desired trading point of 1.0709.