The pair is under pressure, trading below 1.1600 due to geopolitical tensions (Middle East conflict, Iran leadership) and the ECB’s “persistent uncertainty” which prevents the Euro from decoupling from the US Dollar’s strength. The highly anticipated US Nonfarm Payrolls (NFP) report tomorrow is expected to cause significant volatility, with a strong reading cementing Dollar dominance. […]The post EUR/USD: NFP Looms as 1.1578 Support Faces Critical Test appeared first on ActionForex.