6 Mar 2015
EUR/USD in fresh lows post-Payrolls
FXStreet (Edinburgh) - The offered tone around the single currency is growing bigger on Friday, with EUR/USD now meandering fresh lows.
EUR/USD weaker following Non-farm Payrolls
The pair is quickly accelerating its intraday downside after the US economy created 295K jobs during February, beating prior surveys at 240K and up from January’s 239K (revised from 257K). In addition, the jobless rate ticked lower to 5.5%, bettering consensus.
EUR/USD levels to consider
As of writing the pair is retreating 1.29% at 1.0885 facing the next support at 1.0800 (psychological level) On the flip side, a breakout of 1.1218 (high Mar.3) would expose 1.1245 (high Feb.27) and then 1.1271 (10-d MA).
EUR/USD weaker following Non-farm Payrolls
The pair is quickly accelerating its intraday downside after the US economy created 295K jobs during February, beating prior surveys at 240K and up from January’s 239K (revised from 257K). In addition, the jobless rate ticked lower to 5.5%, bettering consensus.
EUR/USD levels to consider
As of writing the pair is retreating 1.29% at 1.0885 facing the next support at 1.0800 (psychological level) On the flip side, a breakout of 1.1218 (high Mar.3) would expose 1.1245 (high Feb.27) and then 1.1271 (10-d MA).