Read full technical analysis report here
Forex Market Outlook Ahead of NFP
U.S. major monthly economic data ‘Non Farm Payroll’ will be released today as usually U.S. Bureau of Labor Statistics releases it on the first Friday of every month. Market is in a steady condition on Friday ahead of NFP.
U.S. employment is likely to be slowed because of steady jobless rate and the expectation of rebounding in stagnant wages. According to forecast NFP might show the number 189k stepping down from the 292k jobs created in December.