Thread: Instaforex Analysis
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02-10-15, 09:55 #10
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Technical analysis of EUR/USD for October 02, 2015
When the European market opens, some economic news on the PPI m/m and Spanish Unemployment Change is due to be released. The US is expected to publish economic data on Factory Orders m/m, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So amid the reports, EUR/USD will move with medium to high volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1245.
Strong Resistance:1.1240.
Original Resistance: 1.1229.
Inner Sell Area: 1.1218.
Target Inner Area: 1.1192.
Inner Buy Area: 1.1166.
Original Support: 1.1155.
Strong Support: 1.1144.
Breakout SELL Level: 1.1138.
More analysis - at instaforex.com
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