💱 EURUSD - Consolidation ahead of the news (NFP, U.R.)

٣ نوفمبر ٢٠٢٣

EURUSD is still in global consolidation. The market is standing still as the dollar stopped growing and went flat.
NFP, Unemployment rate is released today.

Prerequisites for further growth:
1) The news can be bad for the dollar and good for the euro.
2) Analysts expect 180K instead of 336K.
3) The price is forming a triangle consolidation
4) If resistance is broken, a trend change and strong momentum will begin.

Key support: 1.06120
Key resistance: 1.0667