Technical analysis of EUR/USD for Feb 07, 2017

When the European market opens, some Economic Data will be released, such as Sentix Investor Confidence, Retail PMI, and German Factory Orders m/m. The US will release the economic data, too, such as Loan Officer Survey, Labor Market Conditions Index m/m, and Mortgage Delinquencies, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0835.
Strong Resistance:1.0828.
Original Resistance: 1.0818.
Inner Sell Area: 1.0808.
Target Inner Area: 1.0783.
Inner Buy Area: 1.0758.
Original Support: 1.0748.
Strong Support: 1.0738.
Breakout SELL Level: 1.0731.

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