EURUSD post NFP Technical Analysis

NFP is over now.. The single currency as you can see from the chat above picks a top after NFP released at
1.1240-45 area and reversed sharply. The medium term trend now is to the downside testing 1.1185-80 support area. we expect to see a bit retracement when market open by next week, immediate resistance now is at 1.1235-40 area,,provided the area holds we expect a retest of the support area at 1.1185-80 area. The price action ahead of the ECB press is to be monitored for a possible breakout. stay cool and have a nice moment ahead..Remember to always apply sound risk & money management.. that will keep you longer in this business..Avoid greedy and always be patient.
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