When the European market opens, some economic news will be released such as German 10-y Bond Auction. The US will release a number of economic reports such as the Industrial Production m/m, Capacity Utilization Rate, Housing Starts, Core PPI m/m, PPI m/m, and Building Permits. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1459.
Strong Resistance:1.1462.
Original Resistance: 1.1441.
Inner Sell Area: 1.1430.
Target Inner Area: 1.1403.
Inner Buy Area: 1.1376.
Original Support: 1.1365.
Strong Support: 1.1354.
Breakout SELL Level: 1.1347.
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 18, 2015 . Thanks for your support.
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