Another day, another big number
It’s almost getting boring…
EUR/USD continues its climb and so do the crosses, particularly EUR/AUD, which we’ve flagged for a week. Not much in the way of resistance in EUR/USD for another 200-pips.
Good bids in EUR/USD are seen now in the 1.3590/1.3600 area. Offers ahead of 1.3700 barriers, as ever.
Unless the US employment report is a real outlier, say +/- 75,000 away from consensus, I’d expect little lasting influence on EUR/USD against the present backdrop.