Technical analysis of EUR/USD for Feb 08, 2017

When the European market opens, some Economic Data will be released, such as German 10-y Bond Auction, and EU Economic Forecasts. The US will release the economic data, too, such as 10-y Bond Auction, and Crude Oil Inventories, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0728.
Strong Resistance:1.0721.
Original Resistance: 1.0711.
Inner Sell Area: 1.0701.
Target Inner Area: 1.0676.
Inner Buy Area: 1.0651.
Original Support: 1.0641.
Strong Support: 1.0631.
Breakout SELL Level: 1.0624.

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