FXstreet.com (Barcelona) - After jumping from 1.4260 to reach intra-day high at 1.4415 on the back of the worst than expected US nonfarm payrrols report, the EUR/USD is retreating to trade below 1.4350, close to 1.4330. Currently the pair is trading around 1.4330/40, 0.15% above today's opening price action at 1.4305.

Tomas Cedavicius, analyst at Investija.com shares us with his scoop on EUR/USD: Resistance level is still valid, even though bulls made a very sharp candle towards resistance, neutral situation is still valid.