When the European market opens, some economic news will be released such as Italian Industrial Production m/m and French Industrial Production m/m. Besides, the US will release some economic reports such as the Wholesale Inventories m/m, IBD/TIPP Economic Optimism, Mortgage Delinquencies, JOLTS Job Openings, NFIB Small Business Index, and FOMC Member Lacker Speech. So, amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1390.
Strong Resistance:1.1383.
Original Resistance: 1.1372.
Inner Sell Area: 1.1361.
Target Inner Area: 1.1334.
Inner Buy Area: 1.1307.
Original Support: 1.1296.
Strong Support: 1.1285.
Breakout SELL Level: 1.1278.
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 10, 2015 . Thanks for your support.
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