The EURUSD had a skip in its step on Friday after NFP came in much lower than expected.  The pairs initial reaction after NFP was to move lower and test price support at 1.23.  Traders then began considering the possibility of additional QE and the EURUSD moved aggressively higher.  Price action heading into next week will really depend on news flow over the weekend.  Support begins at 1.23 followed by trend line support at 1.2275.  I would focus on the trend line rather than price levels at this point.  Solid daily resistance begins at 1.25.


Sup    1.23

Res    1.25