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Forex pairs in this Article » EUR/USD (Córdoba) - The EUR/USD finished Monday practically unchanged after posting strong gains on Friday, on the back of a weak NFP report. Early on Asia the Euro was unable to break above 1.3675 and fell toward 1.3650.

So far the EUR/USD remains above Monday's low that lie at 1.3635, on a quiet trading session in Asia, where the US dollar and the Pound are so far the best performers.

EUR/USD still pointing higher?

According to analysts from AceTrader, the failure to break above Friday's high triggered a profit-taking rally, but the renewed buying from American session lows suggests some consolidation with an upside bias that could see the pair re-testing the highs at 1.3688; once above price would continue toward 1.3725/30, before prospects of a retreat later.

“On the downside, only below 1.3620 would abort intra-day bullish bias and bring further weakness towards last Friday's low at 1.3560”, says the AceTrader Team.
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