EURUSD high impact news German IFO released 27 Aug 2013

This 5-minute clip (no sound) captures EURUSD price action on 1 minute time frame before and after release of the German IFO survey. Blue horizontal line is a high-significance resistance level visible on the daily and weekly higher time frame chart. It is important to note that high significance levels on higher time frame charts are important to lower time frame trading and scalping although commonly ignored by traders.