Technical analysis of EUR/USD for Feb 06, 2018


When the European market opens, some Economic Data will be released such as Retail Sales m/m, Sentix Investor Confidence, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI. The US will release the Economic Data too, such as Loan Officer Survey, Mortgage Delinquencies, ISM Non-Manufacturing PMI, and Final Services PMI, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.


Breakout BUY Level: 1.2517.

Strong Resistance:1.2510.

Original Resistance: 1.2498.

Inner Sell Area: 1.2486.

Target Inner Area: 1.2457.

Inner Buy Area: 1.2428.

Original Support: 1.2416.

Strong Support: 1.2404.

Breakout SELL Level: 1.2397.

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The material has been provided by InstaForex Company -