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React to the release of stronger than...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: React to the release of stronger than forecast US Employment
Report, NFP coming in above forecast and AHE also surprising with a jump, saw
EUR/USD drop down to $1.1562, from an earlier high of $1.1649. Rate managed to
recover to $1.1593 before settling back between $1.1570/80. Support remains into
that earlier pullback low of $1.1562 ahead of $1.1543 and stronger support at
$1.1530. Resistance now seen into $1.1600.
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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