The EUR/USD exhibited a significant rally during Wednesday's trading session, marking a potential pause in the recent downward spiral. After a substantial selloff, the market managed to break back above the psychologically significant 1.05 level. While this round number is bound to attract attention, it's essential to recognize it for what it is—a figure on a chart. The rally above this level opens up the possibility of a move towards the 1.06 level, which was a previous point of descent. However, it's crucial to approach this rebound with caution, as Friday's jobs data release looms on the horizon. The size of the ... (full story)