Technical levels in play for the EURUSD, USDJPY and GBPUSD ahead of the US jobs report. | Forexlive
IN this pre-US jobs report VIDO, Greg Michalowski of Forexlive.com outlines the key technical levels in play. Risk is increased. The market is preparing for the next shove.
- 0:55 – The EURUSD has retraced and moved back to a key technical area.
- 3:54 – The USDJPY is trading between its 100/200 hour MAs and awaiting the next shove
- 6:10 – The GBPUSD is trading above and below its 200 bar MA on the 4 hour chart and within a swing area.
Find out the levels and play and what are the targets through the data.