NFP was epic for US bull with the last 3 NFPS stringing together the best series since 1997. The higher wage growth is exceptionally positive as it firms inflation expectations which firms rate hike expectations. Euro on the other hand is dealing with Greek troubles again... combine that with the ECB monetary policy diverging from the Feds and we have a firm fundamental sell bias.
The target is the 60% extension of the recent trading range.
The target is the 60% extension of the recent trading range.