When the European market opens, some economic news will be released such as Spanish Services PMI, Italian Services PMI, Final Services PMI, Retail Sales m/m. The US will release the economic data too such as the ADP Non-Farm Employment Change, Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Final Services PMI, ISM Non-Manufacturing PMI, Crude Oil Inventories, Beige Book, so amid the reports, EUR/USD will move with medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.2447.
Strong Resistance:1.2440.
Original Resistance: 1.2428.
Inner Sell Area: 1.2416.
Target Inner Area: 1.2387.
Inner Buy Area: 1.2358.
Original Support: 1.2346.
Strong Support: 1.2334.
Breakout SELL Level: 1.2327.
The material has been provided by InstaForex Company - www.instaforex.com
For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/USD for December 03, 2014 . Thanks for your support.
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