The EURUSD is falling sharply on the back of the stronger US employment jobs gains. The S&P is higher at a +30 points as a result. The NASDAQ is up 77 points. The dollar is moving higher, led by the euro's decline. Technically looking at the euro, the price has moved to the 10788 – 1.0802 support level. The low comes in at 1.0801 so far. That is the low from Dec 17. The 1.0788 is the 50% of the move up from December low. The price is correcting higher now., but the correction has stalled against the 50% of the trend move lower (see yellow area in the chart below). That level comes in at the 1.08359 level. The ... (full story)