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Technical analysis of EUR/USD for March 04, 2015

!EURUSD.jpg

When the European market opens, economic data on retail sales m/m, the final services PMI, the Italian services PMI, and the Spanish services PMI will be released.The US is expacted to release economic data on the Beige Book, crude oil inventories, the ISM mon-manufacturing PMI, the final services PMI, and the ADP non-farm employment change. So, EUR/USD will move low to medium volatility during this day amid the reports.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1234.

Strong Resistance:1.1228.

Original Resistance: 1.1217.

Inner Sell Area: 1.1206.

Target Inner Area: 1.1180.

Inner Buy Area: 1.1154.

Original Support: 1.1143.

Strong Support: 1.1132.

Breakout SELL Level: 1.1126.





The material has been provided by InstaForex Company - www.instaforex.com