EUR/USD clinched highs near 1.0660 post-Non farm Payrolls

EUR/USD met extra buying pressure in the wake of the publication of March’s Non-farm Payrolls, testing fresh tops in the mid-1.0600s.

EUR/USD stringer on NFP

The pair reberted the initial downbeat momentum after the US economy created 89K jobs during last month vs. 180K initially forecasted and February’s 221K (revised from 235K).

In addition, the unemployment rate ticked lower to 4.5% and Average Hourly Earnings rose at a monthly 0.2%.

EUR/USD levels to watch

At the moment the pair is losing 0.01% at 1.0645 and a breach of 1.0627 (low Apr.6) would target 1.0625 (100-day sma) en route to 1.0597 (low Mar.14). On the flip side, the immediate hurdle aligns at 1.0673 (55-day sma) followed by 1.0705 (high Mar.31) and finally 1.0724 (20-day sma).