It's been another good session for the euro.
EURUSD has made steady progress since finally breaching 1.1400 again and now 1.1422 with NFPs just 30 minutes away.
Good demand into 1.1375 with strong bids reported below that at 1.1350-55.
On the top side though we're hearing of strong offers between 1.1460-70 and that would be born out by the simple chart below. Mine are always simple. A picture can paint a thousand words they say!
So we may well see price action contained in this range initially but as always trade what you see. Should the top side break I would expect a run up to test 1.1500.
A good NFP/wages report though will see a move lower and test the resolve of the many euro buyers but overall I remain a euro dip-buyer.
