Moving up slowly, this time of day expect anything with low volume after London close, safer to keep moving up stops.
I have taken a second position from this 1.168, still Long from 1.1560 also.
Showing some sign of support at 1.168
Broke lower ,two tests areas to watch for support as marked.
Keeping an eye on RSI on this sell off, below 1.17180 floor could see further sell off, $ was noted as the weakest earlier, that could be switching.
One thing that I usually see happen with Eur/USD that spikes will test to the largest and nearest bar on weakness or strength after news ,we didn't see this.
Friday's price tested lower on the positive news, from a TA point of view price is following the SMMA on the 30min chart, price can go either way at the open as Traders settle in and test directions.
NFP up later,might see more bulls on euro just before.
Good morning Traders,Eur/USD still holding just below 1.17 ,slight break through earlier ,will be keeping an eye on up trend line .
1.17200 was a first ceiling we talked about earlier ,we have a re bound at 1.16500 ,1.17 could be a sticking point till close.