After today’s macroeconomic data US non-farm payrolls, EURUSD tested support at 1.1380. Data were mixed, on the one hand there is more new jobs created during the previous month but from the other hand the unemployment rate increased. As long as EURUSD stays above 1.1380 it is more likely than upward movement will be continued. Goals for bulls are located at: 1.1440, 1.1490 (upper limit of 15-months consolidation). Alternatively if bears will be stronger nearest supports are at: 1.1330, 1.1250 (lower limit of bullish regression channel). Nearest strong support which can be seen on time-frame daily is 1.1160.
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