Unemployment rate higher and technical support can not be taken out

The EURUSD fell to a low price of 1.1383 after the slightly higher than expected NFP jobs (215K vs 205K). That low was just above the old high price going back to Feb 11 at 1.13757. That is the first major hurdle to get through from a technical perspective for the pair (then 1.13415 and 1.1322) if the pair is to go lower. If it cannot that is trouble for the bears

The price is back up above the 1.1400 level and quickly back to where it all started in the 1.1430 area.

PS EURGBP continues to be supported which is helping the EURUSD stay bid.