Technical Analysis of EUR/USD for March 11, 2016
When the European market opens, some economic news on the Italian Industrial Production m/m and German Final CPI m/m is due to be released. The US will deliver the economic data on the Import Prices m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1239.
Strong Resistance:1.1233.
Original Resistance: 1.1222.
Inner Sell Area: 1.1211.
Target Inner Area: 1.1185.
Inner Buy Area: 1.1159.
Original Support: 1.1148.
Strong Support: 1.1137.
Breakout SELL Level: 1.1131.
The material has been provided by InstaForex Company - www.instaforex.com
