On Wednesday the Euro popped up out of its seven-day trading range and will become very bullish if it reaches a “D” target of 1.2971.  If the US dollar heads lower, perhaps in response to non-farm payrolls data, the Euro will go the other way, toward a midpoint pivot at 1.2873 and, if higher, toward a cluster of prior highs dating from mid-August.  These prior levels will be surpassed before the sibling “D” target of 1.2971 is reached, a pivot which is truly in the middle of nowhere and could offer a fine scalping opportunity on the short side.  Another level of importance is the Lindsay point of a daily pattern, just above the 1.2873 midpoint.  This not-yet-active pattern was covered in our Euro tout of September 1.  (Posted by Doug McLagan)