EURUSD – Up
EURUSD trading plan:
U.S. private payrolls increased more than expected in December, pointing to still-strong demand for labor despite higher interest rates. Private employment increased by 235,000 jobs last month, the ADP National Employment report showed. Data for November was unrevised to show 127,000 jobs added. Though job growth has slowed amid higher borrowing costs, the labor market remains tight. BLS data showed there were 10.458 million job openings at the end of November, which translated to 1.74 jobs for every unemployed person.
Investment idea: range 1.0480 -1.0580
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