The EUR/USD pair banged around during the session on Friday, ultimately putting out a positive candle, but at the end of the day it still has a fairly neutral feel to it. The market looks like it’s ready to simply go sideways for the holiday season, as we stand a relatively tight range. With that in mind, we would by a supportive candle down near the 1.36 handle, but beyond that really don’t see much else to be bothered with until after we get through the New Year’s holiday. Going forward, we will have to watch what the new jobs numbers are in early January to get a real move in one direction or the other most likely.
Written by FX Empire