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Technical analysis of EUR/USD for March 09, 2015

!EURUSD.jpg



When the European market opens, economic data on the results of the Eurogroup meetings, Sentix Investor Confidence, the German trade balance will be released. The US is expected to release economic data about canges in labor market conditions m/m so EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.0896.

Strong Resistance:1.0890.

Original Resistance: 1.0879.

Inner Sell Area: 1.10868.

Target Inner Area: 1.0843

Inner Buy Area: 1.0818.

Original Support: 1.0807.

Strong Support: 1.0796.

Breakout SELL Level: 1.0790.





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