EUR/USD is trying to jump over the 1.0800 point

 

EUR/USD trading quote

 

Today the EUR/USD shared currency pair is trading in the close vicinity of the 1.0800 fixed trading point this is the clear result of the United States GDP data releases.

Many analysts believe that there is a strong risk sentiment hovering over the EUR/USD shared currency pair at the end of the trading week this way the interest rates have already started to rise nonetheless the trophy goes to the United States figures announcements which can easily change at any time the trading sentiment.

For example the release of the G.D.P. data and the consumer data are strong data releases but the most important event for this trading session will continue to the the speech held by J. Yellen.

 

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High = 1.0898

EUR/USD 27th of March 2015 trading chart

EUR/USD 27th of March 2015 trading chart

 

Low = 1.0802

 

 

S3 = 1.0719 S2 = 1.0746 S1 = 1.0773

 

R1 = 1.0969 R2 = 1.0995 R3 = 1.1025

 

 

 

EUR/USD important trading levels

For the time being the EUR/USD shared currency pair is going downwards by a negative value of -0.62% and it is trading in the proximity of the 1.0812 level and it is showing plenty of support points starting with the 1.0800 level continuing with the 1.0767 level and ending with the 1.0656 desired level .

 

On the other side of the coin there are several strong points beginning with the 1.0896 point followed close up by the 1.0930 point and ending with the desired 1.1052 point.

 

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