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FX.co ★ Technical analysis of EUR/USD for March 09, 2015

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Forex Analysis:::2015-03-09T02:43:35

Technical analysis of EUR/USD for March 09, 2015

Technical analysis of EUR/USD for March 09, 2015



When the European market opens, economic data will be released such as the results of the Eurogroup meetings, Sentix Investor Confidence, and the German trade balance. The US is expected to release economic data about changes in labor market conditions m/m. So EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.0896.
Strong Resistance:1.0890.
Original Resistance: 1.0879.
Inner Sell Area: 1.10868.
Target Inner Area: 1.0843
Inner Buy Area: 1.0818.
Original Support: 1.0807.
Strong Support: 1.0796.
Breakout SELL Level: 1.0790.


Analyst InstaForex
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