Technical Analysis of EUR/USD for March 02, 2016
When the European market opens, some economic news will be released such as PPI m/m and Spanish Unemployment Change. The US will release economic statistics too such as Beige Book, Crude Oil Inventories, and ADP Non-Farm Employment Change. So amid the reports, EUR/USD will move with medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0928.
Strong Resistance:1.0922.
Original Resistance: 1.0911.
Inner Sell Area: 1.0900.
Target Inner Area: 1.0875.
Inner Buy Area: 1.0850.
Original Support: 1.0839.
Strong Support: 1.0828.
Breakout SELL Level: 1.0822.
The material has been provided by InstaForex Company - www.instaforex.com
