Thread: Instaforex Analysis
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06-03-17, 07:43 #1
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Technical analysis of EUR/USD for Mar 06, 2017
When the European market opens, some Economic Data will be released, such as Sentix Investor Confidence and Retail PMI. The US will release the economic data, too, such as Factory 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: 1.0662.
Strong Resistance:1.0655.
Original Resistance: 1.0645.
Inner Sell Area: 1.0635.
Target Inner Area: 1.0610.
Inner Buy Area: 1.0585.
Original Support: 1.0575.
Strong Support: 1.0565.
Breakout SELL Level: 1.0558.
More analysis - at instaforex.com
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