EUR/USD picked up marginally on Thursday

EUR/USD continued to trade with positive momentum yesterday, but pair added just 20 pips in course of the session. While it expects important US fundamentals on Friday, any movements before that are likely to be muted. In case of a negative surprise, the cross may climb up to the Aug 3 high and monthly/weekly PPs at 1.10. On the other hand, positive data may provoke sell-offs down to the recent low at 1.0848, which is immediately followed by the May low at 1.0818. Meanwhile, technical indicators are still pointing sideways.  

Market sentiment is completely neutral at the moment. Meanwhile, long pending orders in 100-pip range from the spot rose from 40% to 43%.