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Old 02-03-2016, 06:21 AM
InstaForex Gertrude InstaForex Gertrude is offline
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Technical analysis of EUR/USD for February 03, 2016

When the European market opens, economic news on the Retail Sales m/m, Italian Prelim CPI m/m, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI is due to be released.The US will deliver the economic data on the Crude Oil Inventories, ISM Non-Manufacturing PMI, Final Services PMI, and ADP Non-Farm Employment Change. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0970.
Strong Resistance:1.0964.
Original Resistance: 1.0953.
Inner Sell Area: 1.0942.
Target Inner Area: 1.0917.
Inner Buy Area: 1.0892.
Original Support: 1.0881.
Strong Support: 1.0870.
Breakout SELL Level: 1.0864.

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