The EUR/USD pair bounced hard from just below the 1.35 handle on Thursday, and also off of the 200 day exponential moving average. Because of this, it appears that the uptrend is ready to continue, but we have to keep in mind that today of course is nonfarm payroll Friday. Because of this, it’s difficult to place a trade at a time, but it certainly looks like the Euro once to continue going higher against Dollar. Nonetheless, we feel that the real move will show itself after the close of business today.
