EUR/USD, H4 chart.

The thick blue average seen on the chart has become a support level.

Because of this, we can say that the euro is in a state of growth, at least until it has broken the 100th moving average and consolidated downwards.

Taking this into account, it is a good idea to open long positions from 1.2060 to 1.2010, or open short positions at 1.1950.

A report on US employment will be released later in the afternoon.

The material has been provided by InstaForex Company –

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