EUR.USD Fri 7th march 2014 Daily Analysis

The single pair found support yesterday at 1.3720 and rallied up top at 1.3870 area as we mentioned on our yesterday's EURUSD daily updates. The bias remains to the upside but the price is almost in overbought zone. So we might observe some retracement sooner. On the bearish side of it,
we have not seen any price action that supports the bearish reversal yet.. except until after the release of the NFP report which is likely to top the single currency before reversal. Untill then. do have a wonderful trading moment.