Nonfarm Payrolls soar by 256,000, far exceeding the 160,000 forecasts and reinforcing labour market resilience. the data helps the US Dollar retain its gains with the Fed likely to continue gradual cuts later in 2025 if inflation cools. that being said, I am expecting the Bears will try as of early next week, to push the price all the way down. the targets that I will be eyeing will be Targets: First Take-Profit Level @1.01053 Second Take-Profit Level at 0.98530, this liquidity will be mitigated later as days go by but we all know trading is a game of prediction so am hoping for the best outcome to this analysis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.