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02.09.202018:02 Forex Analysis & Reviews: Evening review on September 2, 2020

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EURUSD:

The euro suddenly rolled back down after the publication of data on the US ISM manufacturing report on business sector PMI.

Meanwhile, the US employment report for the month of August was released. According to the report, there are around 426,000 new jobs in the country. This is significantly less than the estimated 1 million - 1.2 million in the preliminary forecasts.

This, however, hindered the continuity of growth of the euro which already fell to 1.1830 and is not yet retrieving its upward position.

In this regard, you may consider selling from 1.1760 and buy from 1.2010.

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