FX.co - EUR/USD review on March 3, 2021

2021-03-03T11:56:55

Relevance until2021-03-04

EUR/USD

The euro gave a signal upward, breaking through the level of 1.2110, then pulled back shortly.

The reason is the release of the US employment report for February (from ADP) at 13:15 UTC.

You may keep buying from 1.2098, stop at 1.2050.

If the stop is removed, buy from 1.2115.

Sell from 1.1990.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ EUR/USD review on March 3, 2021