Flash: EUR/USD, still waiting for a clearer sell - TDS

FXstreet.com (London) - Strategists at TD Securities noted the price action post NFP’s.

Key Quotes:

“Despite more heavy trading for the pair after the non-farm release, we would need to see much heavier trading today to dent the bullish momentum that has build through most of November/December”.

“Overall, today’s numbers add to our fundamental long-term bearish view on EUR/USD, but with the seasonal tendency for a higher EUR through the end of the year, we continue to look for better selling opportunities”.