The USA labor report supported the dollar. The Non-Farm Payrolls showed 287K versus the forecasted 175K. However, the unemployment rate grew from 4,7% to 4,9%.

  Market managed to test 1.1180-99 zone where we advised before that as long as market holding below this zone the downtrend pressure will sustain for more drop toward 1.0825.

  The EUR/USD pair’s recovery above 200-DMA support gained further traction after the common currency found fresh impetus from better-than expected Eurozone CPI figures.

  The UK decision to leave the EU led to a collapse of the world markets. As a result they fell to the record historical levels. Now the European Union is ready to negotiate with London about its exit, but until then, the UK remains a member of the Union. The EU hopes to maintain a partnership with Britain after its exit.

  Market managed to hold support where approaching from target zone 1.1450-70.