Mihai_Iacob

EurUsd- Will NFP give us the break?

Short
FX:EURUSD   Euro / U.S. Dollar
It's been already 6 weeks since EurUsd is trading in a very tight range with the price staying at 1.13 if we look at the average.
The trend for the pair is clearly and strongly down and I expect a continuation of this trend.
A break under 1.1230-1.1250 zone would give us confirmation for this and NFP announcement later today could be the trigger for this.
My target in the medium-term for EurUsd is 1.08

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