US market falls by 4-5% in major indices – remembers the economy. EURUSD

The US market falls by 4-5% in major indices – it remembered the economy. EURUSD

Major US indices fell 4% or more in the first three hours of trading on Thursday.

The unemployment report showed new 1.5 million applications per week – this shows that employment growth will not be as fast as it seems.

The Fed forecast shows unemployment at 9.3% at the end of the year – this is quite a lot for the United States.

We have long said that the growth of recent weeks is completely unjustified.

The US market, you can now sell from the rebound up – of course, sales from yesterday’s prices are much more interesting – but it’s not my fault if you did not listen.

Exchange Rates 11.06.2020 analysis

EURUSD: The euro is quite steadily experiencing a storm in the US market on Thursday.

We keep purchases from 1.1320, the target is 1.1480.

Stop at 1.1275.

Source: US market falls by 4-5% in major indices – remembers the economy. EURUSD

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