The Traderszone Network

Published in TZ Latest News 1 April, 2016 by The TZ Newswire Staff

EURSD falls initially on better jobs/higher earnings, but…  

Unemployment rate higher and technical support can not be 
The EURUSD fell to a low price of 1.1383 after the slightly higher than expected NFP jobs (215K vs 205K).   That low was just above the old high price going back to Feb 11 at 1.13757.  That is the first major hurdle to get through from a technical perspective for the pair (then 1.13415 and 1.1322).