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3 Apr 2015
EUR/USD sidelined around 1.0880
FXStreet (Edinburgh) - The single currency is trading almost unchanged vs. the greenback on Friday, with EUR/USD hovering over the 1.0880 area.
EUR/USD focus on Payrolls
The recent bull run in the pair seems to have run out of steam around the 1.0900 handle, pending cues of today’s results from the US labour market releases. Prior surveys expect the US economy to have created 244K jobs during March vs. February’s 295K.
There are no new developments on the Greek front, except the Government has denied recent information that the country will run out of money next week (?).
EUR/USD levels to watch
As of writing the pair is up 0.02% at 1.0883 and a surpass of 1.0906 (high Mar.31) would aim for 1.0949 (high Mar.27) and then 1.1052 (high Mar.26). On the downside, the immediate support lies at 1.0865 (10-d MA) ahead of 1.0802 (hourly low apr.2) and finally 1.0783 (21-d MA).
EUR/USD focus on Payrolls
The recent bull run in the pair seems to have run out of steam around the 1.0900 handle, pending cues of today’s results from the US labour market releases. Prior surveys expect the US economy to have created 244K jobs during March vs. February’s 295K.
There are no new developments on the Greek front, except the Government has denied recent information that the country will run out of money next week (?).
EUR/USD levels to watch
As of writing the pair is up 0.02% at 1.0883 and a surpass of 1.0906 (high Mar.31) would aim for 1.0949 (high Mar.27) and then 1.1052 (high Mar.26). On the downside, the immediate support lies at 1.0865 (10-d MA) ahead of 1.0802 (hourly low apr.2) and finally 1.0783 (21-d MA).