Today we have some big news coming up. Nonfarm payrolls, so we can expect some nice volatility
in the market. We have equilibrium in price at 1.12700 with a stronger drop out of that price range , suggesting an inbalance in that pricezone. If and when price returns to that level i expect a drop in price to the areas i marked. Also the US Dollar Index
sitting in a small demand Zone
, suggesting a little rally could happen. With this information, i think shorting the euro
vs usd with smart money management is possible.