Thread: Instaforex Analysis
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27-02-17, 07:37 #1
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Technical analysis of EUR/USD for Feb 27, 2017
When the European market opens, some Economic Data will be released, such as Italian 10-y Bond Auction, Private Loans y/y, M3 Money Supply y/y and Spanish Flash CPI y/y. The US will release the economic data, too, such as Pending Home Sales m/m, Durable Goods Orders m/m and Core Durable Goods Orders m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0615.
Strong Resistance:1.0608.
Original Resistance: 1.0598.
Inner Sell Area: 1.0588.
Target Inner Area: 1.0563.
Inner Buy Area: 1.0538.
Original Support: 1.0528.
Strong Support: 1.0518.
Breakout SELL Level: 1.0511.
More analysis - at instaforex.com
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