04.08.2014 - The price of euro bounced up

The price of euro corrected upwards after the release of data on the growth of unemployment in the United States by 0.1% to 6.2%. As a result, the prices reached the next resistance level of 1.3440, and now continues to consolidate below this mark. If the price will fix above 1.3440, we recommend closing short positions and to open long with the closest target near 1.3530. The medium-term outlook remains negative with the objectives of 1.3200 and 1.2800.

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