The dollar gained over 0.3% today and EURUSD fell below 1.0900 and tested a vicinity of 1.0850. The dollar is finally higher after Friday's good data from the US labor market. Due to the fact that Friday was a day off in the US, investors can fully assess the data from the US labor market only today. The data increases the likelihood of a rate hike in May to 70%.
EURUSD not only breaks out of the uptrend but falls below the 200-hour moving average. The pair is trading at its lowest level since April 3. Another important support lies around the 1.0800 level.

Source: xStation5
Tech sector catches its breath 🚀
US OPEN: Semiconductors drive a rebound
Market Wrap: Bulls Return to Europe Thanks to U.S.-Iran Mediation and Data from Germany
Chart of the day 🔼Nasdaq gains 1.2% as semiconductors rebound (21.07.2026)