Technical analysis of EUR/USD for August 04, 2015



When the European market opens, some data on the PPI m/m and Spanish Unemployment Change is due.The US will release data on the Loan Officer Survey, IBD/TIPP Economic Optimism, and Factory Orders m/m. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1004.
Strong Resistance:1.0998.
Original Resistance: 1.0987.
Inner Sell Area: 1.0976.
Target Inner Area: 1.0951.
Inner Buy Area: 1.0926.
Original Support: 1.0915.
Strong Support: 1.0904.
Breakout SELL Level: 1.0898.

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