Daily Market Analysis 08|05|2020: EURUSD

Intraday: Bullish Technical Analysis Preference: A buy if price trades above 1.08524 with take profit at 1.08817 Alternative scenario: Sell  at 1.08191 with take profit at 1.07872 Fundamentals:1:30pm US Averag HourlyEarnings m/m Non-Farm Employment Change                     Unemployment Rate Comment: The U.S. dollar weakened in early European trade Friday as the onslaught of grim economic …

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