EURUSD begins the week with a bearish move below 1.13500 which is -0.38% down as of writing. The unemployment rate for the month of may dropped from 10.1% to 9.9% in the Eurozone and the EU unemployment rate as 7.5% vs 7.6% expected. The main currency pair remains pressured by the increased demand for the US dollar across its major rivals following a trade truce reached between the US and China over the weekend.In the Daily time frame, EURUSD is still holding its trend above the 100 Daily Moving Average, and has rejected from the descending daily channel near 1.13100 region. The retracement at 1.13100 might give way for the bulls to recover for the day. Climbing above 1.13500 paves way to the next high at 1.13800 and the 1.14200.The U.S. and China agreed on Saturday to restart trade talks after U.S. President Donald Trump agreed to hold off on the implementation of new tariffs and also ease restrictions on tech company Huawei in order to reduce tensions with Beijing. China meanwhile agreed to make unspecified new purchases of U.S. farm products and return to the negotiating table.

For the rest of the day, we have the ISM Manufacturing PMI for the US dollar which is expected to release as 51.0 vs 52.1 previous. The EURUSD in the other hand, might reverse for the downward pullback at the positive outcome of US macro economic datas.