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SwissPips
Jan 8, 2016 9:17 AM

ICHIMOKU EUR/USD Consolidation, awaiting NFP  

Euro Fx/U.S. DollarFXCM

Description

Following our yesterday's bullish setup, EUR/USD is currently consolidating waiting for this afternoon's NFP.

On H4, you can see on the left how the Lagging Span tried to cross its TS but was rejected. Prices tried also to cross the thin TWIST but were rejected as well.

Also, TS acted as a nice support since prices touched it and immediately rebounded.

The move of the pair will depend on the stats, wait and see.
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