$EURUSD pulls back during thin trading. Get today's forecast here:
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As a result, it would not surprise me at all to see a lot of back-and-forth type of choppy behavior. However, you should also keep in mind that Friday is a big day, as we get the Non-Farm Payroll announcement coming out.It looks as if the 1.06 level is going to continue to be somewhat important, so if we were to break down below there, then it’s likely that we could go looking to the moving averages underneath, with the 50-Daygetting ready to cross above the 200-Day EMA near the 1.04 level.
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