EURUSD trading strategy for the important Friday (Feb 25th 2016)
EURUSD consolidate in the last 3 days at the levels above 1.10. The main reason is the expecting important events in Friday February 26th. There are few important events that will move the market. First is at 13:00 GMT Germany CPI expecting at 0.2%. 30-minutes later is the very important data from United States. It is widely expecting GDP for Q4 also Personal Spending and Personal Income. trading strategy is to see the support and resistance lines. If EURUSD break below 1.0955 will start a process of dollar gains. But the first and important support is at 1.1010. The key resistance is at 1.1110.