JonathanWong

200 Day Moving Average

FX:EURUSD   Euro Fx/U.S. Dollar
Current prices on the EURUSD             pair trades above 1.13 in anticipation of Friday's NFP data. 200 day moving average at 1.18xx might be hit if NFP data disappoints. A string of weak data the last two months could see EURUSD             floating higher. The downside pretty much remains attractive with QE             ongoing in Europe.
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