EURUSD: Waiting For NFP Data

Since the end of November-21, EURUSD is moving within the wide trading range set between 1.1230 and 1.1380
The way the price is still consolidating in the middle of the range is showing upward momentum.
On the other hand, we have NFP today and we have to be careful.

Remember we have made profits a few times here, but today is not the perfect day to trade this currency pair.

The model still looks upward, but personally, I would not advise any trading today related to the USD as NFP can be really crucial for the future direction of prices.


Thank you and Good Luck!

PS: For more detailed information, you can check out the related ideas below.