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Forex pairs in this Article » EUR/USD (Barcelona) - The shared currency us hovering over the mid 1.3600 on Friday, extending its correction after hitting highs above 1.3670 earlier ahead of the US Non-farm Payrolls due later (160K exp.).

The euro continues to breach key barriers this week, and Jane Foley, Chief Currency Strategist at Rabobank commented, "Our non-consensus view that EURUSD would push higher has been vindicated, but we can't help but feel uncomfortable with EURUSD at current levels and are concerned that a correction is on the cards".

At the moment, the pair is up 0.53% at 1.3650 with the next resistance at 1.3815 (high Nov.14) and then 1.3833 (61.8% of 2011-2012 decline).
On the flip side, a break below 1.3574 (hourly low Feb.1) would clear the way to1.3542 (low Jan.31).
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