EUR/USD After NFP's

The EUR/USD is not so excited about the latest NFP data. Here is the report:

USD Average Hourly Earnings (YoY) (JAN): 2.5% actual vs 2.2% estimate, prior revised up to 2.7%.

USD Unemployment Rate (JAN): 4.9% actual vs 5.0% estimate, 5.0% prior.

USD Change in Non-farm Payrolls (JAN): 151k actual vs 190k estimate, prior revised down to 262k.

#NFP prints at 151K vs Expected 190K - Previously 292K- Unemployment 4.9%

Initial reaction resulted in some 50 pips gain for the Euro, only to falter and succumb below prior-to-release level of 1.1205. The EUR/USD is currently trading at 1.1165 but there's plenty of room for the pair to go.