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.