EUR-USD’s correction came to pause after leaving a low at 1.0803, with the pair since recouping to the 1.0850 area. The 20-day moving average, presently sitting at 1.0801, has been acting as a support. Since making major trend lows at 1.0462 on Mar-13 trade has been choppy and more two way compared to the one-sided market that prevailed before, with the market is presently lacking direction in the wake of the sub-par U.S. employment report.