EURUSD Analysis week 46Euro/US DollarFX:EURUSDTVS-Trader🌐Fundamental Analysis With the US government shutdown and no official jobs report, investors are turning to other data. October saw more than 150,000 job cuts – the highest in more than 20 years. This news put the USD under pressure, helping EUR/USD rise on Thursday. On Friday, the USD recovered slightly, slowing the EUR/USD's rise. If consumer confidence falls sharply, the USD could weaken further. Conversely, if the report is positive and inflation expectations rise, the USD could recover, putting downward pressure on EUR/USD. 🕯Technical Analysis EURUSD Bullish recovery on Friday with approach to the resistance zone 1.158. Currently the downtrend channel is still maintained if the buying force is strong enough to break the upper boundary of the resistance channel that the pair faces next week at 1.167. On the other side, 1.147 plays the role of the main support of the current downtrend of the pair. As long as the price channel remains, the SELL strategy will still be prioritized. Pay attention to the breakout boundary of 1.153 and 1.158. 📉Trading Signals SELL EURUSD 1.167-1.169 Stoploss 1.17200 BUY EURUSD 1.147-1.14200 Stoploss 1.14200