# Trading the NFP with EUR/USD (September 6, 2013) Source: https://www.tradersway.com/resources/market-info/trading-the-nfp-with-eur-usd-september-6-2013/ Language: en Updated: 2013-09-06 Description: Explore Trading the NFP with EUR/USD (September 6, 2013). EUR/USD. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. EUR/USD made new 4-month lows yesterday, as ECB head Draghi confirmed that policymakers discussed the idea of lower interest rates. Meanwhile, the US printed a strong ISM non-manufacturing PMI reading, which extended the Greenback’s rally. Today’s release of the non-farm payrolls report could trigger another sharp selloff for this pair, as analysts are expecting to see a rise from 162K in July to 178K in August. A strong figure could confirm the possibility of the Fed’s Septaper, which would be very dollar positive. A retracement play could be in the works if the pair starts pulling up to the 1.3150-60 levels, which have acted as support in the past. Shorting at this area with a stop above 1.3200 and a target of 1.3000 would yield at least 2:1. ![Trading the NFP with EUR/USD (September 6, 2013)] A breakdown could also be possible if the pair simply keeps consolidating for the rest of today’s sessions before the NFP release. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/trading-the-nfp-with-eur-usd-september-6-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/trading-the-nfp-with-eur-usd-september-6-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/trading-the-nfp-with-eur-usd-september-6-2013/", "headline": "Trading the NFP with EUR/USD (September 6, 2013)", "inLanguage": "en", "datePublished": "2013-09-06T10:04:53+00:00", "dateModified": "2013-09-06T10:04:53+00:00", "articleSection": "Market Info", "description": "Explore Trading the NFP with EUR/USD (September 6, 2013). 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