EUR still shrugs off any negative news and is still holding the gained ground. EURUSD has consolidated last week without producing any disent move. The big hurdles stay on the northern direction, precisely 1.12, 1.13 and 1.14. The next move is fair to expect with non-farm employment numbers at the end of this week. Before that event the pair will most likely move sideways between 1.11 and 1.13. A break out of 1.12 will lead to 1.125 and 1.13. A break down below 1.115 should produce a retest of 1.11. I would opt for further EUR gains going into Friday.
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