Back
8 May 2015
EUR/USD visiting highs on Payrolls
FXStreet (Edinburgh) - The upside momentum is picking up pace around the euro on Friday, with EUR/USD now climbing to fresh daily highs.
EUR/USD stronger following in line NFP
The pair is reverting its initial downside after the US economy added 223K jobs during April, a tad below consensus at 225K albeit up from March’s 85K (revised from 126K). Further data showed the jobless rate ticked lower to 5.4%.
EUR/USD levels to watch
As of writing the pair is advancing 0.10% at 1.1277 and a breakout of 1.1300 (psychological level) would expose 1.1393 (high May 7). On the flip side, the immediate support aligns at 1.1182 (low May 8) followed by 1.1175 (low May 6) and finally 1.1100 (psychological level).
EUR/USD stronger following in line NFP
The pair is reverting its initial downside after the US economy added 223K jobs during April, a tad below consensus at 225K albeit up from March’s 85K (revised from 126K). Further data showed the jobless rate ticked lower to 5.4%.
EUR/USD levels to watch
As of writing the pair is advancing 0.10% at 1.1277 and a breakout of 1.1300 (psychological level) would expose 1.1393 (high May 7). On the flip side, the immediate support aligns at 1.1182 (low May 8) followed by 1.1175 (low May 6) and finally 1.1100 (psychological level).