NFP release on 2 Apr 2010

It's been some time since I made a trade. This week should see the market do some consolidation and wait for the release of the US Non-Farm Payroll data before showing any new direction.

On the weekly chart, EUR broke below 1.3350 and dropped to 1.3267. If EUR falls below this bottom with the release of NFP data, we could see the EUR fall to 1.2990 regions before moving up again.

Would wait for NFP release to see which direction the market is heading before making any trades.

No trades if you are not clear on the direction of the market.