Flash: Sell EUR/USD into 1.3150, TP 1.3090 ahead of NFP - JPMorgan

FXstreet.com (Barcelona) - In view of JP Morgan FX Strategists, the pair will be data dependant on NFP today, yet nonetheless they highlight that the 200 DMA now becomes immediate resistance on the top side at 1.3148, while on the downside, they perceive no real support until 1.3086 (bottom of the daily cloud). JP Morgan is interested "to sell into those price action towards 1.3150 while taking the cash off the table below 1.3090 ahead of the payroll" Banks Strategists argue.