Euro Closes Gap. Forecast as of 08.07.2024

The New Popular Front and Renaissance managed to keep the right-wing out of power, and Macron's party looked better than in the first round. The EURUSD pair faced a roller coaster ride. Meanwhile, the market turned its focus to the US data. Let's discuss this topic and make a trading plan.Highlights and key points The French election results left a gap in the EURUSD pair. The gap was quickly closed as the market digested the data. The labor market signaled a cooling of the US economy. Whether th