When the European market opens, some economic news will be released such as Belgian NBB Business Climate, Final Core CPI y/y, Final CPI y/y, and German Final GDP q/q. The US will release a number of economic reports too such as the Richmond Manufacturing Index, Mortgage Delinquencies, CB Consumer Confidence, Flash Services PMI, and S&P/CS Composite-20 HPI y/y. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1393.
Strong Resistance:1.1386.
Original Resistance: 1.1375.
Inner Sell Area: 1.1364.
Target Inner Area: 1.1337.
Inner Buy Area: 1.1310.
Original Support: 1.1299.
Strong Support: 1.1288.
Breakout SELL Level: 1.1281.
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 24, 2015 . Thanks for your support.
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