FXWW News

EUR/USD: Mild bearish bias at current levels

As I mentioned earlier, there is Fibo resistance at 1.3030 in EUR/USD and at 102.25 in EUR/JPY and this might be enough to encourage profit-taking ahead of tonight’s NFP. I still think that EUR/USD is basically trendless so I favour playing a 1.2970/1.3030 range in Asia

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