• EUR/USD inched higher on Monday as dollar attracted seller after poor payrolls report caused investors to rule out the chance of a US interest rate increase next week.
   
• Traders await clues on the rate hike timings from Federal Reserve Chair Janet Yellen later in the day.
   
• The currency pair is trading at 1.1361 levels, it is set to advance further 1.1450 levels and later towards 1.1500 levels in the short term.
   
• To the upside, the strong resistance can be seen at 1.1395, a break above will take the pair towards next resistance level at 1.1450.
   
• To the downside immediate support can be seen at 1.1344 levels, a break below will open gates towards 1.1278 levels.
  
  Resistance Levels
  
  R1: 1.1370 (Daily high)
  
  R2: 1.1395 (50% Retracement level)
  
  R3: 1.1450 (61.8% Retracement level)
  
  Support Levels
  
  S1: 1.1344 (38.2% Retracement level)
  
  S2: 1.1278 (23.6% Retracement level)
  
  S3: 1.1254 (May 18th high)