Forex - EUR/USD down on U.S. data

The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

EUR/USD was trading at 1.3058, down 0.05% at time of writing.

The pair was likely to find support at 1.3032, Monday’s low, and resistance at 1.3242, Wednesday’s high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 165K last month, from 138K in the preceding month whose figure was revised up from 88K.

Analysts had expected U.S. non-farm payrolls to rise 145K last month. 

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8416 and EUR/JPY rising 1.18% to hit 129.47.

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