EUR/USD had been holding relatively flat for most of the Asian session, consolidating last week's break above 1.01 and the monthly R1. Interesting to see the pair now pushing above its monthly R2 just ahead of EU employment and GDP figures. Although there does currently seem to be some resistance coming from the 200-day MA.
All trading carries risk, but it will be worth watching how EUR/USD reacts to the data in just over 30 minutes.
All trading carries risk, but it will be worth watching how EUR/USD reacts to the data in just over 30 minutes.