EUR/USD continues to consolidate post-NFP
The pair continues to trade in a relatively hesitant manner, following on from Friday’s sharp rally. Yesterday saw both a new high and low created, casting a degree of uncertainty around the next direction.
Given the trend coming into this pattern, another move higher seems the most likely eventuality, with a bullish view in place unless we see a closed hourly candle below $1.1326. Key resistance levels to watch out for are $1.1374, $1.1393 and $1.1415. Conversely, notable support levels would be found at $1.1326 and $1.1295