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    Technical analysis of EUR/USD for February 05, 2015


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    When the European market opens, some economic news will be released such as French 10-y Bond Auction, Retail PMI, German Factory Orders m/m. Besides, the US will release several economic reports such as the Natural Gas Storage, Prelim Unit Labor Costs q/q, Prelim Nonfarm Productivity q/q, Unemployment Claims, Trade Balance, and Challenger Job Cuts y/y. So, amid the reports, EUR/USD will move with low to medium volatility during this day.

    Breakout BUY Level: 1.1382.
    Strong Resistance:1.1375.
    Original Resistance: 1.1364.
    Inner Sell Area: 1.1353.
    Target Inner Area: 1.1326.
    Inner Buy Area: 1.1299.
    Original Support: 1.1288.
    Strong Support: 1.1277.
    Breakout SELL Level: 1.1270.

    Arief Makmur neemt deel aan de "Analyst of the Year" onderscheiding georganiseerd door portal. Als u zijn artikel goed vindt, stemt u dan op hem.

    Uitgevoerd door, Analytische expert
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