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EUR/USD Forecast: trading the US NFP report

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The EUR/USD pair traded uneventfully so far this Friday, consolidating its latest losses below the 1.0900 level in a tight 30 pips range. The pair has declined over 550 pips in the last 3 weeks, following the announcements of both Central Banks, with strongly divergent economic policies. The sharp decline has reach a major support, as the pair has met buying interest on declines towards the 1.0810/1.0850 price zone, since late April. And we have the US Nonfarm Payroll report release

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