Hello dear traders & welcome back to Growing Forex Try creating pockets. Micro news to follow today which will change the outcome of EUR/USD. 1.ADP employment change. 2.Unit labour cost 3.Non-farm productivity. 4.10 years note auction. Euro poised against the Dollar after gaining momentum previously & lost its shore today. A possible recovery from 1.0560 levels or the levels shown in the chart can trigger up to 1.0622 & initially 1.0700 levels. RSI is currently over-sold indicating a short term buy from 1.0550 levels its target should be near the pivot of 1.0577. A chart pattern of falling wedge is a perfect example for this scenario with RSI oversold with price reaching the Retracement level of 61.8%. The sentiments of the Traders remains 55% Buyers Drop by 2% today (yesterday 57%).