Technical analysis of EUR/USD for Feb 14, 2017

When the European market opens, some Economic Data will be released, such as EU Economic Forecasts, ZEW Economic Sentiment, Industrial Production m/m, German ZEW Economic Sentiment, Flash GDP q/q, Italian Prelim GDP q/q, German Final CPI m/m and German Prelim GDP q/q. The US will release the economic data, too, such as Core PPI m/m, PPI m/m, NFIB Small Business Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0651.
Strong Resistance:1.0644.
Original Resistance: 1.0634.
Inner Sell Area: 1.0624.
Target Inner Area: 1.0599.
Inner Buy Area: 1.0574.
Original Support: 1.0564.
Strong Support: 1.0554.
Breakout SELL Level: 1.0547.

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