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FX.co ★ Technical analysis of EUR/USD for February 20, 2015

Technical analysis of EUR/USD for February 20, 2015


Technical analysis of EUR/USD for February 20, 2015
When the European market opens, some economic reports will be released such as Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Services PMI, French Flash Manufacturing PMI, and German PPI m/m. The US will release the economic data too such as the Flash Manufacturing PMI. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1420.
Strong Resistance:1.1413.
Original Resistance: 1.1402.
Inner Sell Area: 1.1391.
Target Inner Area: 1.1364.
Inner Buy Area: 1.1337.
Original Support: 1.1326.
Strong Support: 1.1315.
Breakout SELL Level: 1.1308.

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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