FX.co ★ Technical analysis of EUR/USD for March 09, 2018

When the European market opens, some economic data will be released such as the French Industrial Production m/m, the French Gov Budget Balance, the German Trade Balance, and the German Industrial Production m/m. Meanwhile, the US will also deliver some reports such as the Final Wholesale Inventories m/m, the Unemployment Rate, the Non-Farm Employment Change, and the Average Hourly Earnings m/m. So amid the reports, EUR/USD will move in a medium to high volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.2369.

Strong Resistance:1.2362.

Original Resistance: 1.2350.

Inner Sell Area: 1.2338.

Target Inner Area: 1.2309.

Inner Buy Area: 1.2280.

Original Support: 1.2268.

Strong Support: 1.2256.

Breakout SELL Level: 1.2249.

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