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FX.co ★ Technical analysis of EUR/USD for May 27, 2015

Technical analysis of EUR/USD for May 27, 2015

Technical analysis of EUR/USD for May 27, 2015

When the European market opens, economic data on the Belgian NBB Business Climate, German 30-y Bond Auction, ECB Financial Stability Report, and GfK German Consumer Climate are due. The US is not expected to release any economic data today. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.0938.

Strong Resistance:1.0932.

Original Resistance: 1.0921.

Inner Sell Area: 1.0910.

Target Inner Area: 1.0885.

Inner Buy Area: 1.0860.

Original Support: 1.0849.

Strong Support: 1.0838.

Breakout SELL Level: 1.0832.

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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