After the publication of the NFP report we could observe a dynamic strengthening of the dollar, which caused the EURUSD to plunge. However, looking technically at the M15 interval, the downward move lost momentum around support at 1.0436 which is marked with the local 1:1 structure (blue rectangle). Scale of today's movement is similar to yesterday's drop which is important for the markets. As long as price sits above the aforementioned 1.0436 level, another upward impulse towards EMA 100 (red line) may be launched. On the other hand, if the downtrend resumes, the next support at 1.0395 may be at risk.
EURUSD M15 interval. Source: xStation5
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