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FX.co ★ Technical analysis of EUR/USD for September 03, 2015

Technical analysis of EUR/USD for September 03, 2015

Technical analysis of EUR/USD for September 03, 2015

When the European market opens, economic news on the Trade Balance, Minimum Bid Rate, French 10-y Bond Auction, Spanish 10-y Bond Auction, Retail Sales m/m, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI is due to be released. The US will release data on the Natural Gas Storage, ISM Non-Manufacturing PMI, Final Services PMI, Unemployment Claims, 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: 1.1266.

Strong Resistance:1.1260.

Original Resistance: 1.1249.

Inner Sell Area: 1.1238.

Target Inner Area: 1.1212.

Inner Buy Area: 1.1186.

Original Support: 1.1175.

Strong Support: 1.1164.

Breakout SELL Level: 1.1158.

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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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