Tuesday 10 March 2015

Technical analysis of EUR/USD for March 10, 2015 Market Analysis Review

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When the European market opens, economic data on the ECOFIN meetings, the Italian Industrial Production m/m, and the French Industrial Production m/m will be released.The US is expected to publish data about the Wholesale Inventories m/m, JOLTS job openings, and the NFIB Small Business Index. So, EUR/USD will move low to medium volatility during this day.



TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.0892.

Strong Resistance:1.0885.

Original Resistance: 1.0874.

Inner Sell Area: 1.10863.

Target Inner Area: 1.0837

Inner Buy Area: 1.0810.

Original Support: 1.0799.

Strong Support: 1.0788.

Breakout SELL Level: 1.0781.





The material has been provided by InstaForex Company - www.instaforex.com



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