EURUSD HOLDS 1.1400 AHEAD OF U.S JOBS REPORT

The EURUSD pair remains at elevated trading levels, ahead of the release of the June Nonfarm payrolls jobs report. The report is expected to show that 178,000 jobs were created in June, with the U.S unemployment rate expected to hold steady at 4.3%.

During the European session, the EURUSD has held above the 1.1400 level, despite largely dovish comments from ECB policymaker Willem Knot.

Traders will also look to the G20 meeting in Hamburg, Germany, and the outcome of the meeting between President Donald Trump, and Russian President Vladimir Putin.

The EURUSD remains bullish on all time frames, with key intraday support found at the daily pivot point at 1.1390, and the H1 time frame 200 period moving average at 1.1365.

To the upside, EURUSD buying should accelerate above the 1.1445 level, with traders looking to target 1.1458, and the 1.1485.  

Above the 1.485 level, the psychological 1.1500 level comes into focus, the May 4th 2016 price high, at 1.1529, offers the only notable resistance point before 1.1613.