4 Apr 2014
EUR/USD back above 1.3700 on Payrolls
FXStreet (Edinburgh) - The single currency is now trimming losses against the greenback, lifting the EUR/USD to fresh session highs.
EUR/USD firmer on downbeat Payrolls
The pair is accelerating the upside on Friday after the US economy added 192K jobs during March, missing forecasts for 200K although up from February’s 188K (revised from 175K). Further data showed that the unemployment rate remained at 6.7%, missing market expectations.
EUR/USD significant levels
As of writing the pair is down 0.03% at 1.3715 with the next support at 1.3694 (low Feb.28) ahead of 1.3685 (daily cloud top) and finally 1.3672 (TK off July low). On the upside, a break above 1.3808 (high Apr.3) would open the door to 1.3820 (high Apr.2) and then 1.3827 (high Mar.26).
EUR/USD firmer on downbeat Payrolls
The pair is accelerating the upside on Friday after the US economy added 192K jobs during March, missing forecasts for 200K although up from February’s 188K (revised from 175K). Further data showed that the unemployment rate remained at 6.7%, missing market expectations.
EUR/USD significant levels
As of writing the pair is down 0.03% at 1.3715 with the next support at 1.3694 (low Feb.28) ahead of 1.3685 (daily cloud top) and finally 1.3672 (TK off July low). On the upside, a break above 1.3808 (high Apr.3) would open the door to 1.3820 (high Apr.2) and then 1.3827 (high Mar.26).