After a couple of relatively quiet weeks in terms of economic data, EUR/USD could see a spike in volatility with Flash CPI estimates from the Eurozone, and the all-important US NFP report due within the next few days.
Although EUR/USD finally closed below parity last week, it has managed to find support around 0.9900, and has been attempting to move back above 1.000 since. Will the events of this week help the pair sustain a move higher, or will selling pressure continue to weigh on the Euro?
Check out this article for a deeper technical analysis on EUR/USD and what to expect from this week’s data: