Forex: EUR/USD dips below 1.2900 after NFP

FXstreet.com (Barcelona) - The bloc currency has intensified its decline after the US economy has created 146K jobs during November, above expectations at 93K. The US unemployment rate has confirmed the recent positive momentum of the US labor market, falling to 7.7% from 7.9%.

The cross is now losing 0.67% at 1.2882, facing the next support at 1.2880 (low Nov.28) then 1.2875 (MA30d) and 1.2839 (61.8% 1.2661-1.3127)
On the other hand, a break above 1.3040 (prior intraday low) then 1.3060 (low Dec.5) and 1.3087 (high Dec.6).