The common currency has faded the earlier spike beyond the 1.1400 handle vs. the dollar, with EUR/USD now retreating to the 1.1375/70 band. EUR/USD now looks to ISM After hitting fresh YTD tops in the vicinity of 1.1440, the pair has quickly returned to the negative territory in the current 1.1380/70 band following an auspicious print from March Non-farm Payrolls, coming in at 215K vs. 205K initially forecasted. Adding optimism to the releases, Average Hourly Earnings have risen 0.3% on a monthly basis in March, surpassing consensus. Next on tap in the US calendar will be the ISM Manufacturing and the Consumer Sentiment gauge tracked by the Reuters/Michigan index. EUR/USD levels to watch The pair is now up 0.06% at 1.1388 facing the next resistance at 1.1437 (2016 high Apr.1) followed by 1.1496 (monthly high Oct.15 2015) and then 1.1713 (high Aug.24 2015). On the downside, a break below 1.1198 (20-day sma) would target 1.1142 (low Mar.24) en route to 1.1043 (200-day sma). For more information, read our latest forex news.