EURUSD

The EUR/USD pair is waiting at a critical balance point before the NFP. It is trying to maintain the momentum gained from yesterday's weak data expectations. In the Dovish Scenario (weak NFP), it is expected that the pair will quickly break through the 1.1888 resistance and then the 1.1950 resistance with a collapse in the Dollar. In this case, the psychological level of 1.2000 becomes the main target. However, in the Hawkish Scenario (strong NFP), the pair will face immediate selling and could experience a sharp decline towards the main support area at 1.0750 by breaking the 1.1780 support. Today, volatility will be at its highest level due to employment.