EURUSD

The EUR/USD pair started the week just below the pivot level of 1.1617, in a narrow range. The first resistance in upward movements is at 1.1659, and if this level is surpassed, the targets can be 1.1691 and 1.1723. In potential pullbacks, 1.1595 will be monitored as the main support point; breaking this support could increase selling pressure and bring the level of 1.1563 into focus. In particular, the U.S. employment data to be announced towards the end of the week will be decisive for the direction of the pair.