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Forex pairs in this Article » EUR/USD (Córdoba) - The EUR/USD saw a quick dip toward daily lows as the greenback got a boost from better-than-expected ADP employment report.

The US private sector added 215,000 new jobs in November, exceeding the 173,000 expected and up from 130,000 jobs in October. The EUR/USD fell to a session low of 1.3570 on the data but held a few pips above previous daily low scored at 1.3567 during the European trade. Separated data showed US trade deficit shrunk to $40.64 billion in October, in line with expectations. The EUR/USD is currently trading at the 1.3580 zone, 0.1% below its opening price.

EUR/USD levels to watch

As for technical levels, if the EUR/USD breaks below 1.3567, it could accelerate toward 1.3524 (Dec 3 low) en-route to 1.3500 (psychological level). On the other hand, immediate resistances are seen at 1.3600 (psychological level) ahead of the 1.3620/25 area (Nov 29 high/61.8% retracement of 1.3832/1.3295).
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