The euro is trading in a tight range against the US dollar ahead of the release of the Non-farm payrolls monthly job report from the US economy. A strong jobs number could see the EURUSD pair falling towards the 1.1020 to 1.0980 technical support region. Looking at the upside, a soft jobs figure could see the EURUSD pair advancing back towards at least the 1.1170 resistance area.
The EURUSD pair is only bullish while trading above the 1.1145 level, key resistance is found at the 1.1170 and 1.1200 levels.
The EURUSD pair is only bearish while trading below the 1.1145 level, key support is found at the 1.1080 and 1.1020 levels.
