The weaker Employment report sends the dollar higher (the EURUSD lower)…
If I surveyed 100 people before the employment report, most would say a jobs gain of 160 with revision lower of 18K, and the unemployment rate going to 5% from 4.9% would be more bearish for the USD (higher EURUSD). IN reality, that was the first move, but the pair could not get and stay above key resistance, and the buyers were left scrambling in the opposite direction.
Forex Trading Education: When things don’t go your way in your trading
