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Technical Analysis of EUR/USD for March 14, 2016
When the European market opens, some economic news on the Industrial Production m/m is due to be released. Today, the US will not deliver any economic data. So, amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1217.
Strong Resistance:1.1211.
Original Resistance: 1.1200.
Inner Sell Area: 1.1189.
Target Inner Area: 1.1163.
Inner Buy Area: 1.1137.
Original Support: 1.1126.
Strong Support: 1.1115.
Breakout sell level: 1.1109.
The material has been provided by InstaForex Company - www.instaforex.com