EUR/USD: there's still the chance of $1.3500
Analysts at CMC Markets expect EUR/USD to climb to $1.35, completing a second corrective phase, before turning lower for a third time to end an Elliott Wave chart pattern that began in May.
Analysts at Westpac also think that the pair may recover towards “the breakdown point at $1.3500” as US non-farm payrolls disappointed many traders.
Analysts at SEB Bank target $1.3477/$1.3508 as long as EUR/USD is trading above $1.3378.
Chart. Daily EUR/USD