Technical analysis of EUR/USD for February 11, 2015

When the European market opens, no economic news are due today. However, when the US market starts they will release some economic reports such as the Federal Budget Balance, 10-y Bond Auction, and Crude Oil Inventories. So, amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1377.
Strong Resistance:1.1370.
Original Resistance: 1.1359.
Inner Sell Area: 1.1348.
Target Inner Area: 1.1321.
Inner Buy Area: 1.1294.
Original Support: 1.1283.
Strong Support: 1.1272.
Breakout SELL Level: 1.1265.

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