An overview of the
currency markets by 
Greetings.
The EUR/USD has seen a fall recently and it looks like we could see a little more downward pressure.
Look for the pair to potentially get up to the 1.4250 area and above. Once it hits that target, look for a movement back down - potentially to the 1.4150 area.
As we approach the NFP this Friday, this is something that may unfold and we may potentially see a steady climb up until the announcement.
We’ll continue to monitor this but the crucial price we’re watching right now is the 1.4000 price level so we’re right in a 200 pip channel right now and we think we’ll break out of this channel soon enough.
As we approach the announcement, be sure to do your research and have your trading plan ready to go. We’ll definitely be back again before the announcement to give an update of our outlook.
Good luck.
