Technical Analysis of EUR/USD for March 01, 2016
01 Maret 2016 9:17 AM
When the European market opens, some economic news will be released such as Unemployment Rate, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Final Manufacturing PMI, German Unemployment Change, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. The US will publish a series of economic data too such as Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, and Final Manufacturing PMI. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0930.
Strong Resistance:1.0924.
Original Resistance: 1.0913.
Inner Sell Area: 1.0902.
Target Inner Area: 1.0877.
Inner Buy Area: 1.0852.
Original Support: 1.0841.
Strong Support: 1.0830.
Breakout SELL Level: 1.0824.
The material has been provided by InstaForex Company - www.instaforex.com
