US EditionSqueeze and NFPs Positioning Ahead
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Euro stabilizes above key support area ahead of NFP
EUR/USD stays in positive territory above 1.1300 after a three-day slide. The near-term technical outlook is yet to highlight a buildup of bullish momentum. April Nonfarm Payrolls data from the US could trigger the next big action in the pair. EUR/USD closed the third consecutive day in negative territory on Thursday and touched its weakest level in nearly three weeks below 1.1270. Although the pair stabilizes above 1.1300 in the European sessio…
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