EURUSD

The EUR/USD exchange rate started the week just below the pivot level of 1.1735, within a narrow range. In upward movements, the first resistance is at 1.1761, and if this level is surpassed, targets can be set at 1.1780 and 1.1803. In possible pullbacks, 1.1716 will be monitored as the main support point; breaking this support could increase selling pressure and bring the level of 1.1690 into focus. Particularly, the U.S. employment data to be announced towards the weekend will be decisive for the direction of the pair.