When the European market opens, some economic news will be released such as German Ifo Business Climate. The US will also publish the economic data such as the Existing Home Sales. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1432.
Strong Resistance:1.1425.
Original Resistance: 1.1414.
Inner Sell Area: 1.1403.
Target Inner Area: 1.1376.
Inner Buy Area: 1.1349.
Original Support: 1.1338.
Strong Support: 1.1327.
Breakout SELL Level: 1.1320.
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 February 23, 2015 . Thanks for your support.
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