Figures came out weak – EUR/USD still solid


EUR/USD trading quote

Today the EUR/USD shared currency pair did not managed to get any lift mostly because of the trading data which was very poor in consistency and weak in quality these figures have been released in the European Union nonetheless the trading point is still glued to the 1.3200 trading level.

E.M.U. figures did not have any effect

Many analysts strong believe that the recent figures release in the EU regarding the trading sentiment went down all the way towards the 100.6 level in the meantime the Consumer figures went event lower than major expectation reaching the negative value of -10 going down from the recent -8.2. Still there is some hope installed for the European single currency as the currency pair continued camping close to the 1.3200 level this event occurred because of the early release of the figures in Germany.

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EUR/USD Trading chart 28th of August 2014



High = 1.3224

Low = 1.3173


S3 = 1.3108 S2 = 1.3141 S1 = 1.3174


R1 = 1.3233 R2 = 1.3265 R3 = 1.3298

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EUR/USD important levels

For the time being the EUR/USD shared currency pair is down by a negative value of -0.15% trading in the close vicinity of the 1.3213 level therefore by breaching the 1.3221 barrier this will definitely clear the trading path towards the 1.3297 level followed close up by the 1.3324 level.n the other side of the medal there are several strong support points beginning with the 1.3152 level continuing with the 1.3105 level and ending with the desired 1.3089 trading point.

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