Technical analysis of EUR/USD for Feb 01, 2017

When the European market opens, some Economic Data will be released, such as EU Economic Forecasts, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. The US will release the economic data, too, such as Federal Funds Rate, FOMC Statement, Total Vehicle Sales, Crude Oil Inventories, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, and ADP Non-Farm Employment Change, so, amid the reports, EUR/USD will move in a medium to high volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0846.
Strong Resistance:1.0839.
Original Resistance: 1.0829.
Inner Sell Area: 1.0819.
Target Inner Area: 1.0794.
Inner Buy Area: 1.0769.
Original Support: 1.0759.
Strong Support: 1.0749.
Breakout SELL Level: 1.0742.

More analysis - at instaforex.com