US jobs data for November comes out 199K vs 184K expected. Unemployment rate changed from 3.9% to 3.7%. It appears that what CPI did a month back, the NFP takes it all back on the euro. Some stops must have been cleared out, so possibly thats a perfect price area for market to stabilze at the "fair" value. But its importnat to keep in midn that as logn as CPI and NFP will show different situation for the economy, the ranges on DXY adn EURUSD may not be easy broken.
Away from the EURUSD, despite strogn USD reaction bitcoin is doing well at current levels. If can stay unchanged for US session, we think that uptrend is ready to resume next week, if not maybe even earlier. Support on dips is at 41k and 40k.
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