Evening review on August 13, 2020

According to the newly released US weekly jobs report, the new claims for benefits amounted to 960 000 against the forecast of 1.2 million.

As seen in the chart, the euro rolled back on the data exactly from the trend line.

EURUSD:

Growth has not been canceled yet. You may keep purchasing from 1.1810. Those who have not bought can buy from a pullback now.

In case of a downward reversal, sell from 1.1710.