The EUR/USD pair fell initially during the session on Tuesday, and then just essentially sat there at the 1.19 level. It appears that we are ready to grind sideways between now and nonfarm payroll, and quite frankly considering that we are sitting at massive support on the longer-term charts, including even the monthly, it’s probably only a matter time for you can type of significant bounce. But with nonfarm payroll coming on Friday, we need to break above the 1.20 level and have that announcement in order to feel comfortable enough to start buying.
