EURUSD made a major recovery during Friday’s session. The release of the US non-farm payroll data sent the pair into a free-fall that resulted in a loss of more than 100 pips in less than an hour. However that weakness was short-lived as the bulls organized an afternoon rally that saw EURUSD swing 100 pips the other way. The buying pressure left the pair above the 1.0925 key level on the day and also formed a bullish engulfing bar on the daily time frame. The coming week could see a continuation of Friday’s strength, however the sideways and choppy price action that has persisted since June has me looking to other ... (full story)