If we see any strength in the unemployment figures with Non-Farm Payroll tomorrow, we could get this move. The EURUSD has a well defined Descending wedge ( bias down) sitting at the S3 1.4203. A break of the wedge should produce a move to the .786 fibo ( 1.4275) and then a break here is a good sign we will make the S4 at 1.4213.

 

CAREFUL with NFP on the horizon!

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