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Derived real-time data in partnership with:
Thomson Reuters
Jun 05 - 03:48 AM
EUR/USD - Biased Higher Within 1.1230-80 Range Ahead PMIs
First appeared on eFXplus on Jun 05 - 02:30 AM
  • EUR/USD resistance @ 100-DMA 1.1276 and cloud top 1.1279
  • Support @ 55-DMA 1.1218 and yesterday's 1.1226 low (Jun 4 peak 1.1277)
  • German service May PMI @ 7.55GMT is f/c unchanged @ 55.0. Composite 52.4
  • EZ service PMI 8.00GMT is f/c unchanged @ 52.5, composite 51.6
  • EUR 1bln 1.1225.35 and EUR 550mln 1.1240-50 expiries may attract later
  • Upper-end range currently under threat. Break targets May 17 high 1.1324

EURUSD daily chart Click here

Source:
Thomson Reuters IFR Markets

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