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Well if the EURUSD AND USDJPY charts both look weak then logically this thing is going down. The question is just how far. The key question is whether the EURUSD holds the 110.7-80 area and USD weakness is still in the cards or USD has reversed trend and EURUSD breaks uptrend. If non-farm payrolls come in strong then the market will factor in 100% the Fed will raise rates in June and EURUSD goes a lot lower. Maybe fill the post first round French election gap. If it comes in weak or if Trump goes crazy then yeah we could well trade to 114. Friday is a big swing day, gives indication for 400 pip direction for EURUSD.
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