EUR/USD quickly jumped over 1.0900 after the EMU release

 

EUR/USD trading quote

 

Today the EUR/USD shared currency pair is trading in the close vicinity of the 1.0905 and it is actively trading upwards this event became real mostly because of the recent E.M.U. data release which brought a positive balance today.

Analysts have noticed that the EUR/USD shared currency pair has received negative influence from the release of the Industrial Production data which went downwards by a total value of 3.4 therefore as a reaction to this shift the risk sentiment started boiling.
At the same time traders declared that the EUR/USD “fiber” currency pair will go as high as the 1.0940 level in this current trading session.

 

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High = 1.0927

EUR/USD 28th of January 2016 Trading Chart

EUR/USD 28th of January 2016 Trading Chart

 

Low = 1.0865

 

 

S3 = 1.0818 S2= 1.0846 S1 = 1.0873

 

R1 = 1.0938 R2 = 1.0966 R3 = 1.0993

 

EUR/USD important trading levels

 

Right now the EUR/USD shared currency pair has gone upwards by a positive value of +0.16% and it is trading in the proximity of the 1.0917 level and by breaking the 1.0777 barrier this will clear the trading path towards the 1.0737 level at first followed close up by the 1.0709 desired level.

 

On the other side of the medal there are many points starting with the 1.0978 point continuing with the 1.1055 point and lastly ending with the 1.1065 point.

 

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