Technical analysis of EUR/USD for Feb 06, 2018

When the European market opens, some Economic Data will be released such as Retail PMI, French Gov Budget Balance, and German Factory Orders m/m. The US will release the Economic Data too, such as IBD/TIPP Economic Optimism, JOLTS Job Openings, and Trade Balance, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.2444.
Strong Resistance:1.2437.
Original Resistance: 1.2425.
Inner Sell Area: 1.2413.
Target Inner Area: 1.2384.
Inner Buy Area: 1.2355.
Original Support: 1.2343.
Strong Support: 1.2331.
Breakout SELL Level: 1.2324.

Analysis are provided by InstaForex