EUR/USD Technical Levels and Trading Recommendations for August 5, 2015

When the European market opens, economic data on Retail Sales m/m, Italian Industrial Production m/m, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI is due. The US will unveil data about Crude Oil Inventories, ISM Non-Manufacturing PMI, Final Services PMI, Trade Balance, and ADP Non-Farm Employment Change. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.0937.
Strong Resistance:1.0931.
Original Resistance: 1.0920.
Inner Sell Area: 1.0909.
Target Inner Area: 1.0884.
Inner Buy Area: 1.0859.
Original Support: 1.0848.
Strong Support: 1.0837. Breakout SELL Level: 1.0831.

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