Monday April 3, 2017 - 10:03:28 GMT
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Amazing Trader EURUSD Ideas for 3 April 2017 Register for the Amazing Trader
The first session of the month is global PMI day. Revisions to the flash Eurozone PMIs have been modest. The U.K. Mfg PMI (no flash estimate) was weaker. The EUR does not react much to data, but the GBP has weakened.
The EURUSD HOD has been 1.0682, while the LOD is 1.0658. Expect minor stops to be lurking above and below, respectively, these key points. Above the HOD, key resistance comes in at 1.0690, then a hair above the psychological 1.0700 line at 1.0701. Support is clustered near the the LOD and then comes in at 1.0646.
Refer to your Amazing Trader charts for Support and resistance levels as the session wears on. Tune in frequently to the GVI Forum for updated trading insights as the session unfolds.
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