EUR / USD: general analysis
At present, the single European currency traded near
the level of 1.1190, the next resistance level is located at the level of 1.1292.
Despite a number of negative news from Greece, the euro is still
holds above $ 1.1000. Support for the euro okazalf surprisingly good macroeconomic
Spain Statistics. In the first quarter of this year, the economy grew at the
rapidly with the pre-crisis times. According to the statistical agency INE growth
It was 0.9%. As noted by Prime Minister Mariano Rajoy, in the current year
economic growth could reach 2.8%. However, experts believe that the reason for
little optimism. The biggest problem is the Spanish state
debt, which is about 170% of GDP and it is not clear how the authorities are going
From fundamental news Monday should pay attention
the publication of the April data on the index of business activity in the manufacturing
Eurozone from Markit.
Support and resistance levels
The nearest resistance level is 1.1230 price –
Murray 8/8 level.
Support level is at 1.1169 – the level 7/8 Murray.
It is recommended to open short positions after the breakdown level of 1.1169 with protective orders near 1.1200 and purpose
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