The EUR/USD pair rose during the course of the day on Thursday, as the market bounced to the 1.15 level. This of course is an area that is a significant amount of resistance based upon the large, round, psychologically significant number, and the fact that it was previously supportive. That being the case, the market looks as if we can find some type of resistant candle in this general vicinity, but we know that the nonfarm payroll numbers are coming out today, so with that we are looking for selling opportunities, but recognize it may not be until the end of the day.
