EURUSD key payroll levels

The euro is trading in a tight range against the US dollar ahead of the release of the Non-farm payrolls monthly job report from the US economy. A strong jobs number could see the EURUSD pair falling towards the 1.1020 to 1.0980 technical support region. Looking at the upside, a soft jobs figure could see the EURUSD pair advancing back towards at least the 1.1170 resistance area.

• The EURUSD pair is only bullish while trading above the 1.1145 level, key resistance is found at the 1.1170 and 1.1200 levels. 

• The EURUSD pair is only bearish while trading below the 1.1145 level, key support is found at the 1.1080 and 1.1020 levels.