FX.co ★ EUR/USD Technical Analysis for February 4, 2011

TODAY TECHNICAL LEVEL:

Breakout Buy level : 1.3769.
Strong Resistance : 1.3755.
Original Resistance : 1.3733.
Inner Sell Area : 1.3710.
Target Inner Area : 1.3652.
Inner Buy Area : 1.3595.
Original Support : 1.3573.
Strong Support : 1.3550.
Breakout Sell level : 1.3536.

TODAY OUTLOOK:

In the early morning the EUR/USD started trading between the 1.3600 and the 1.3650 levels, but it seems this pair will be flat until the London session and back to flat again until the US Non Farm Payrolls & Unemployment Rate Data release. Please be careful in your trading today.

TODAY SUGGESTION:

No Trade suggested for today during the US Non Farm Payrolls & Unemployment Rate Data release today.