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    EURUSD continues to print new lows in the first trading day for 2015. US ISM Manufacturing PMI due today.

    EURUSD continues to print new lows in the first trading day for 2015. US ISM Manufacturing PMI due today.

    EURUSD dropped on Wednesday and closed at 1.2100. The President of the European Central Bank Mario Draghi indicated that ECB is in technical preparations to amend the size and the speed of its measures in 2015. Yesterday Lithuania became the 19th member o the single currency bloc.

    Data released on the 31st of December indicated that the Unemployment Claims in the United States rose to 298K. The Chicago PMI dropped to a level of 58.3 in December 2014.

    Investors are now looking forward for the ISM Manufacturing PMI due from the United States later today.

    Support for the EURUSD is seen at 1.2046 and resistance is seen at 1.2130.

    EURUSD-02-January-2015

    Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.

     


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