At the beginning of last week’s trading, the bulls tried to control the direction of the EUR/USD currency pair, but the pace of gains stopped at the resistance level 1.0293. It was subjected to selling after that, in anticipation of the announcement of the US job numbers. The pair reached the support level at 1.0141 after strong numbers for US jobs that will support the path of tightening the policy of the US Federal Reserve. We closed the week’s trading stable around the level of 1.0177. It may continue the downward trajectory this week if expectations of a US interest rate hike increase following Friday’s data.

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