EUR/USD suffered nearly 1 % losses after upbeat US Non farm payrolls report. Non farm payrolls in the US increased by 209 K in July of 2017 on back of solid job growth seen in food services and drinking places, professional and business services, and health care. This data points may reverse US doller weakness of recent weeks. I am expecting the EUR/USD to decline to 38.2 % Fibonacci retracement of recent rally from 1.1400 to 1.1910 in next week.
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