The EUR/USD pair rose during the session on Thursday, slamming into the 1.36 level. This market shows that the 1.3550 level has supportive again, and as a result I believe that this market is going to grind sideways between now and the nonfarm payroll report number. If the jobs numbers strong, this pair could start to break down again, just as if it’s week he could go higher. At the end of the day though, I believe that this market should be left alone until we get a close for the session has this employment number will be vital.
Written by FX Empire