3 Apr 2015
EUR/USD tests highs post-Payrolls
FXStreet (Edinburgh) - A softer-than-expected report from US Payrolls is quickly lifting EUR/USD to test fresh intraday highs.
EUR/USD stronger on NFP
The pair is now accelerating recent gains after the US economy added 126K jobs during March vs. previous estimates at 244K and down from February’s 264K (revised from 295K). Further data showed the jobless rate remained at 5.5%, matching prior surveys.
EUR/USD levels to watch
At the moment the pair is up 1.04% at 0993 and a surpass of 1.1052 (high Mar.26) would target 1.1062 (high Mar.18). The initial support lines up at 1.0800 (psychological level) followed by 1.0712 (low Mar.31) and then 1.0655 (low Mar.20).
EUR/USD stronger on NFP
The pair is now accelerating recent gains after the US economy added 126K jobs during March vs. previous estimates at 244K and down from February’s 264K (revised from 295K). Further data showed the jobless rate remained at 5.5%, matching prior surveys.
EUR/USD levels to watch
At the moment the pair is up 1.04% at 0993 and a surpass of 1.1052 (high Mar.26) would target 1.1062 (high Mar.18). The initial support lines up at 1.0800 (psychological level) followed by 1.0712 (low Mar.31) and then 1.0655 (low Mar.20).