Forex: EUR/USD climbs to 1.3035 on US NFP
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EUR/USD
FXstreet.com (Barcelona) - The single currency is picking up pace on Friday after the US economy has created 155K jobs during December, slightly above expectations at 150K albeit down from November's 161K (revised up). Continuing with the data, the US jobless rate has up ticked to 7.8%, matching previous print.
As of writing, the cross is down 0.15% at 1.3030 facing the next support at 1.2996 (low Dec.12) ahead of 1.2945 (Lower Bollinger) and 1.2929 (low Dec.11).
On the upside, a break above 1.3054 (hourly high Jan.4) would aim to 1.3139 (MA21d) and then 1.3168 (MA10d).
As of writing, the cross is down 0.15% at 1.3030 facing the next support at 1.2996 (low Dec.12) ahead of 1.2945 (Lower Bollinger) and 1.2929 (low Dec.11).
On the upside, a break above 1.3054 (hourly high Jan.4) would aim to 1.3139 (MA21d) and then 1.3168 (MA10d).
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