Todays News pick : The Euro Gets Better!

Euro vs US Dollar Technical Analysis

The euro has rallied slightly during the trading session on Wednesday, as we continue to see upward momentum. The 50-Day EMA sits above the 1.09 level, and at that point in time it’s likely that if we can break above there I think that the Euro continues to go higher. That being said, we have to worry about the Non-Farm Payroll numbers on Friday, which comes into the picture as a potential shakeup of the market.

credits:yahoo.com

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