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    Technical analysis of EUR/USD for April 01, 2015


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    When the European market opens, some economic data on Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI are due for release.The US will publish data on Total Vehicle Sales, Crude Oil Inventories, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, and ADP Non-Farm Employment Change. So, EUR/USD will move low to medium volatility during this day.


    Breakout BUY Level: 1.0793.

    Strong Resistance:1.0874.

    Original Resistance: 1.0787.

    Inner Sell Area: 1.0765.

    Target Inner Area: 1.0740.

    Inner Buy Area: 1.0715.

    Original Support: 1.0704.

    Strong Support: 1.0693.

    Breakout SELL Level: 1.0687.

    Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

    Arief Makmur neemt deel aan de "Analyst of the Year" onderscheiding georganiseerd door portal. Als u zijn artikel goed vindt, stemt u dan op hem.

    Uitgevoerd door, Analytische expert
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