EURUSD recently rebounded from the 38.2% retracement level during its previous upward move.
Today’s focus is on whether the pullback will continue or if a new high will be reached, as the NFP report is due later.
We expect this event to shape the pair's next direction.
We'll wait for the news release and base our entries on the candlestick patterns that follow.
Remember, trade based on confirmations, not expectations!