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27.12.201916:07 Forex Analysis & Reviews: Evening review for EURUSD for 12/27/2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 27.12.2019 analysis

The euro shows strong growth on the first full trading day after Christmas.

Such a growth of the euro last showed almost a month ago, on December 2.

The value of today increases as it is the closing of the week.

The next important point is the level of 1.1200.

If the euro manages to gain a foothold above 1.1200 - this will be a signal for the upward trend.

We keep purchases from 1.1035 - purchases from 1.1100 also make sense to keep.

We look at the closing of the day.

Jozef Kovach
Analytical expert of InstaForex
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