EUR/USD Forex Technical Analysis 28 of August 2013


The EUR/USD shared currency pair found itself influenced by the early release of the United States home sales figures. It is well known that a major influence will come from the uprising tensions in Syria.
In the mean the shared EUR/USD “fiber” currency pair went on the downside for almost 55 pips in just seconds time and has been registered in the proximity of the 1.3304 level nonetheless the European currency pair will gather its consistent figures to maintain the 1.3300 level.

For the time being the EUR/USD shared currency pair is now in the vicinity of the 1.3310 level going down by almost -0.6% level showing some consistent support points starting with the 1.3300 level and continuing with the 1.3280 point.


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High = 1.3399


Low = 1.3305





S3 = 1.3292    S2 = 1. 3325    S1 = 1.3359  chart228



R1 = 1.3437    R2 = 1.3470     R3 = 1.3504




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