Technical Analysis of EUR/USD for April 08, 2016
When the European market opens, some economic news will be released such as French Industrial Production m/m, French Gov Budget Balance, German Trade Balance. The US will release economic data too such as Wholesale Inventories m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1422.
Strong Resistance: 1.1415.
Original Resistance: 1.1404.
Inner Sell Area: 1.1393.
Target Inner Area: 1.1366.
Inner Buy Area: 1.1339.
Original Support: 1.1328.
Strong Support: 1.1317.
Breakout SELL Level: 1.1310.
The material has been provided by InstaForex Company - www.instaforex.com
