Daily Briefing: Dollar strong after impressive payroll data
EUR/USD:The pair traded down near 1.07 on Friday after impressive payrolls data in the US. The near term support remains at 1.07 with resistance coming in around the 1.10 mark. Overnight trading has seen the pair trade up slightly, but it still remains under pressure. USD/JPY:The strong dollar has taken out the 123.31 resistance level and the pair is currently trading at 123.55 at the time of writing. The next resistance is seen at the big figure of 124 with the previous resistance level now becoming the near term support level (123.31).
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