Technical Analysis of EUR/USD for March 18, 2016
When the European market opens, some economic news will be released such as the German PPI m/m. The US will release economic data too such as Prelim UoM Inflation Expectations and Prelim UoM Consumer Sentiment. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1369.
Strong Resistance: 1.1362.
Original Resistance: 1.1351.
Inner Sell Area: 1.1340.
Target Inner Area: 1.1313.
Inner Buy Area: 1.1286.
Original Support: 1.1275.
Strong Support: 1.1264.
Breakout SELL Level: 1.1257.
The material has been provided by InstaForex Company - www.instaforex.com
