Been some time since I did a forecast.
On the weekly chart, the EUR appears to be in a consolidation. It is trading in the middle of the bigger down trend.
On the daily chart, EUR is in an uptrend but it has been consolidating over the last couple of weeks between 1.3440 and 1.2970. Got to look at the price action build up to see where it would be heading as it is currently near the up trend line support.
Market could continue to range till this Friday's NFP release, which could give the market some direction.
