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05.06.202014:50 Forex Analysis & Reviews: Evening review on EURUSD for June 05, 2020

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Nonfarm unemployment in the USA added another 2.5 million for the month of May, this is smaller than what was expected in the forecast which is 9 million.

Moreover, the data showed the decline of the euro, marginally. Nevertheless, the euro's upside remains strong.

Also, there is a possibility that the euro may recover and reach the level of 1.1500.

You may open purchases at the current position and a more conservative purchase after a strong pullback to the area of 1.1200.

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