#$WATCH OUT ⌚ #EURUSD #Thursday #UPDATE

Big News! 👉 U.S. private employers are hiring more than we thought 💭. In December, they added 164,000 jobs - way more than the 115,000 expected by experts.

This is a big jump 🦘 from November's 101,000 jobs.

This shows that the job market is still strong which might make the Federal Reserve think twice about lowering interest rates soon.

The next big release is the December NonFarm payrolls report coming out Friday.

This has implications for the EUR/USD price target so we'll remind you in case you missed. If #EURUSD dips below 1.0920 and then further past 1.0880, you should watch for a potential drop towards 1.0850, a key technical level.

Conversely, if the #EURUSD starts climbing and breaks past the 1.0950 to 1.0960 resistance zone, it could head towards 1.1000 or even 1.1020.

All eyes on NFP Tomorrow. BULLISH ? 🫢