The Euro has been favoured by better than expected ADP figures, and the pair has jumped almost 100 pips from 1.3280 to a fresh intra-day high at 1.3365 moments after ADP data was released.
On the upside, the Euro could find resistance around the , 1.3385 congestion area, and above there, 1.3435 (May 5 high) and then 1.3460/65. On the downside, support levels lie at 1.3300 and below there, 1.3275 if the Euro reaches below there, next support level comes at 1.3245.
EUR/JPY has boosted from 130.55 before the ADP report to levels around 132.35 resistance so far. Above here, next resistance levels lie at 132.85 and 134.35. On the downside, support levels lie at 131.05 and 130.30.
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