European & US sessions forecast levels: 1.4805/1.5145
Trend Sessions: European: Neutral/Downward
Market Focus: 8:30 AM Non-farm Payrolls, Unemployment Rate, Average Workweek, Hourly Earnings, 10:00 AM Factory Orders.
Daily Strategy: The most important event that will move the forex market today is the expecting key jobs report. The dollar slowly recovered against the euro but remains above 1.50 in expectation for U.S. Unemployment rate. It is expecting positive Non-farm payroll report but the Unemployment Rate may rise to 10.4% according to Forex-strategy.com. The dollar may continue recovery while at 8:30 AM is possible to see movements into both directions.