• The EUR /USD pair fell as low as 1.1198 in the early US session, as greenback clawed back from earlier losses after data showed U.S. private sector jobs gained in May.
   
• U.S. private employers added 253,000 jobs in May, above economists' expectations, a report by a payrolls processor showed on Thursday.
   
• Economists had forecast the ADP National Employment Report would show a gain of 185,000 jobs, with estimates ranging from 155,000 to 240,000.
   
• Further upside in this pair is expected to be limited as the pair finds strong resistance at 1.1270 which should limit further upside and bring decline towards lower levels in the short term.
   
• To the upside, the immediate resistance can be seen at 1.1239, a break above this level would expose the pair to next resistance level at 1.1270.
   
• To the downside, immediate support can be seen at 1.1207, a break below at this level will open the door towards next level at 1.1170.
  
  Resistance Levels
  
  R1:  1.1239 (50% Retracement level)       
  
  R2: 1.1270 (61.8% Retracement level)    
  
  R3: 1.1300 (Psychological levels)
  
  Support Levels
  
  S1: 1.1207 (38.2% Retracement level)                    
  
  S2: 1.1170 (23.6% Retracement level)
  
  S3: 1.1106 (May 30th lows)