FXstreet.com (Barcelona) - The EUR/USD has lost the 1.2550 support moments after the release of the ADP employment report dropping to levels around 1.2530.

If the pair manages to hold above 1.2550, the path would be clear towards 1.2600 resistance line, once above 1.2600 the current bearish bias would change and buying pressure could increase driving there EUR/USD towards 1.26 60/75 area.

On the downside, below 1.2550 the pair could aim towards 1.2515,and if this support level gives, 1.2455 long term resistance would be on focus again.