When the European market opens, economic news about the PPI m/m, the Spanish unemployment rate, and retail sales in Germany m/m will be released. The US is expected to release economic data about Fed Chair Yellen's speech, total vehicle sales, and IBD/TIPP Economic Optimism. So, the EUR/USD will move from low to medium volatility during the day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1236.
Strong Resistance:1.1230.
Original Resistance: 1.1219.
Inner Sell Area: 1.1208.
Target Inner Area: 1.1182.
Inner Buy Area: 1.1156.
Original Support: 1.1145.
Strong Support: 1.1134.
Breakout SELL Level: 1.1128.
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 March 03, 2015 . Thanks for your support.
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