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    Technical analysis of EUR/USD for February 12, 2015


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    When the European market opens, some economic news will be released such as EU Economic Summit minutes, Industrial Production m/m, and German Final CPI m/m. The US will release a batch of economic reports such as the 30-y Bond Auction, Natural Gas Storage, Business Inventories m/m, Unemployment Claims, Retail Sales m/m, and Core Retail Sales m/m. So, amid the reports, EUR/USD will move with low to meidum volatility during this day.

    Breakout BUY Level: 1.1367.
    Strong Resistance:1.1360.
    Original Resistance: 1.1349.
    Inner Sell Area: 1.1338.
    Target Inner Area: 1.1311.
    Inner Buy Area: 1.1284.
    Original Support: 1.1273.
    Strong Support: 1.1262.
    Breakout SELL Level: 1.1255.

    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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