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FX.co ★ Technical analysis of EUR/USD for July 01, 2015

Technical analysis of EUR/USD for July 01, 2015

Technical analysis of EUR/USD for July 01, 2015

When the European market opens, economic data on the Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI is due.The US will release data on Total Vehicle Sales, Crude Oil Inventories, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, ADP Non-Farm Employment Change, and Challenger Job Cuts y/y. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1186.

Strong Resistance:1.1180.

Original Resistance: 1.1169.

Inner Sell Area: 1.1158.

Target Inner Area: 1.1132.

Inner Buy Area: 1.1106.

Original Support: 1.1095.

Strong Support: 1.1084.

Breakout SELL Level: 1.1078.

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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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