Thread: Instaforex Analysis
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04-09-15, 09:31 #11
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Technical analysis of EUR/USD for September 04, 2015
When the European market opens, economic news on the Revised GDP q/q, Retail PMI, and German Factory Orders m/m is due to be released. The US will publish economic data on the 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: 1.1176.
Strong Resistance:1.1170.
Original Resistance: 1.1159.
Inner Sell Area: 1.1148.
Target Inner Area: 1.1112.
Inner Buy Area: 1.1096.
Original Support: 1.1085.
Strong Support: 1.1074.
Breakout SELL Level: 1.1068.
More analysis - at instaforex.com
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