EURUSD SHORT IDEA AHEAD OF NFP NEWS ON 8TH MAY

PRICE IS CURRENTLY BULLISH AT THE MOMENT BUT WITH THE NFP NEWS YET TO BE RELEASED TOMORROW, WE COULD EXPECT US DOLLAR INDEX TO REGAIN STRENGTH THAT WOULD SEND EURUSD INTO THE 0.786 DEEP RETRACEMENT REGION FOR PRICE TO REBOUND AND MOVE LOWER, BECAUSE THE US ECONOMY IS SHOWING SIGNS OF RECOVERY AFTER A LONG WEAK HAUL. SO TILL THE NFP RESULTS TURNS OUT POSITVE WE WAIT TO SEE HOW MARKET STRUCTURE REACTS TO THE KEY ZONES.