Forex: EUR/USD dips to lows around 1.2760

FXstreet.com (Barcelona) - The bloc currency found buying interest in the area of 1.2760, after posting fresh session lows on softer-than-expected employment data from Germany. The jobless rate in the first economy of the euro zone stayed put at 6.9% in March, although the unemployment rose by 13K from February’s 0K (revised).

Further data in the euro area showed that EMU M3 Money Supply expanded 3.1% YoY vs. 3.3% expected and Private Loans contracted at an annual pace of 0.9%, banging on estimates.

EUR/USD is now losing 0.07% at 1.2767 and a breach of 1.2730 (low Nov.19) would aim for 1.2685 (weekly cloud base) and then 1.2680 (61.8% of 1.2042-1.3711).
On the upside, resistance levels line up at 1.2922 (MA10d) ahead of 1.3050 (high Mar.25) and finally 1.3107 (high Mar.15).