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    Technical analysis of EUR/USD for August 04, 2015


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    When the European market opens, some data on the PPI m/m and Spanish Unemployment Change is due.The US will release data on the Loan Officer Survey, IBD/TIPP Economic Optimism, and Factory Orders m/m. So amid the reports, EUR/USD will move low to medium volatility during this day.


    Breakout BUY Level: 1.1004.

    Strong Resistance:1.0998.

    Original Resistance: 1.0987.

    Inner Sell Area: 1.0976.

    Target Inner Area: 1.0951.

    Inner Buy Area: 1.0926.

    Original Support: 1.0915.

    Strong Support: 1.0904.

    Breakout SELL Level: 1.0898.

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