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FxGrow Daily Technical Analysis – 02nd May, 2016
By FxGrow Research & Analysis Team
The EURUSD along new target zones on disappointing US data
The EURUSD breaks the 1.1400 zone and is pushing a leg higher toward 1.1500 zone after stronger than expected Euro GDP data. Although inflation comes below expectations on Friday, the EURUSD continue rallying and is eying new targets as it breaks 1.1495 to reach near-term resistance levels 1.1535 and 1.1565.
To read this Full in depth Analysis please visit FxGrowhttp://www.fxgrow.com/analysis-educ...cal-analysis-fxgrow-free-forex-analysis-tools.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
By FxGrow Research & Analysis Team
The EURUSD along new target zones on disappointing US data
The EURUSD breaks the 1.1400 zone and is pushing a leg higher toward 1.1500 zone after stronger than expected Euro GDP data. Although inflation comes below expectations on Friday, the EURUSD continue rallying and is eying new targets as it breaks 1.1495 to reach near-term resistance levels 1.1535 and 1.1565.
To read this Full in depth Analysis please visit FxGrowhttp://www.fxgrow.com/analysis-educ...cal-analysis-fxgrow-free-forex-analysis-tools.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.