Technical Analysis of EUR/USD for April 20, 2016
When the European market opens, some economic news will be released such as the German 10-y Bond Auction, German PPI m/m. The US will release economic data too such as Crude Oil Inventories and Existing Home Sales. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1413.
Strong Resistance: 1.1406.
Original Resistance: 1.1395.
Inner Sell Area: 1.1384.
Target Inner Area: 1.1357.
Inner Buy Area: 1.1330.
Original Support: 1.1319.
Strong Support: 1.1308.
Breakout SELL Level: 1.1301.
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