FX.co ★ Technical analysis of EUR/USD for March 07, 2018

When the European market opens, some Economic Data will be released such as Revised GDP q/q and French Trade Balance. The US will also release the Economic Data such as Consumer Credit m/m, Beige Book, Crude Oil Inventories, Trade Balance, Revised Unit Labor Costs q/q, Revised Nonfarm Productivity q/q, and ADP Non-Farm Employment Change, so amid the reports, EUR/USD will move in a medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.2479.

Strong Resistance:1.2472.

Original Resistance: 1.2460.

Inner Sell Area: 1.2448.

Target Inner Area: 1.2419.

Inner Buy Area: 1.2390.

Original Support: 1.2378.

Strong Support: 1.2366.

Breakout SELL Level: 1.2359.

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