EUR/USD in highs near 1.1440 post-NFP

The single currency is picking up pace vs. the buck in the wake of US payrolls, taking EUR/USD to the area of 1.1435/40.

EUR/USD bid post-US data

The pair has added momentum on Friday after the US economy added 222K jobs during June, beating estimates for a 179K gain and up from May's 152K (revised from 138K).

Additionally, the unemployment rate ticked higher to 4.4%, missing expectations, while average hourly earnings – a gauge of wage inflation – expanded 0.2% inter-month.

EUR/USD levels to watch

At the moment, the pair is up 0.09% at 1.1433 facing the immediate support at 1.1367 (10-day sma) followed by 1.1311 (low Jul.5) and finally 1.1269 (21-day sma). On the flip side, a breakout of 1.1448 (2017 high Jun.30) would target 1.1466 (high Apr.12 2016) en route to 1.1616 (2016 tops May 3).