EUR / USD : Euro Dollar remains solid but finds new resistance under 1.13 :




EUR / USD remains firm on the Forex following the NFP, but the pair finds a new resistance below 1.13.

Indeed, while EUR / USD moved very calmly just above the 1.1200 this morning, waiting for the NFP report, the disappointment that followed pushed the pair to new heights above 1.1270.

However, for the time being there is resistance towards the 1.1280, blocking the path towards the threshold of 1.13.

With the Euro Dollar remaining fairly solid, with a limited decline above 1.1250, we could break this resistance to seek the next thresholds to 1.1300, 1.1330 and 1.1350 in the short term.

On the downside, the first support comes at 1.1250, a breakout of which could reduce the current bullish pressure and open the way for a correction towards 1.1200, before the 1.1170 / 60 below.

The EUR / USD pair is currently trading at 1.1275 on Forex.

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