EUR/USD Technical Analysis: Parity Price Still on Table

Quiet trading sessions with a bearish bias is what is described as the performance of the EUR/USD currency pair recently. The EUR/USD is stable around the 1.0210 level at the time of writing the analysis. As I mentioned at the beginning of this week’s trading, the euro-dollar may move in narrow ranges until the US inflation figures are announced, the main driver of the markets this week. The US dollar this week got a strong impetus from the US jobs numbers, which support the tightening path of the US Federal Reserve’s policy.

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