The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The EUR/USD pair broke below a key support zone following a stronger-than-expected U.S. Non-Farm Payrolls report on June 6. The Euro is currently attempting to recover from a sharp multi-month decline, though gains remain capped by critical resistance zones. As of June 14, the pair is rebounding after hitting the lower bounds of a downtrend that originated in April.