Technical Analysis of EUR/USD for March 21, 2016

Technical Analysis of EUR/USD for March 21, 2016

21 March 2016, 09:43
Roberto Jacobs
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Technical Analysis of EUR/USD for March 21, 2016

When the European market opens, some economic news will be released such as Consumer Confidence and Current Account. The US will release economic data too such as Existing Home Sales. So amid the reports, EUR/USD will move with low to medium volatility during this day.


1_EURUSD


TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1327.

Strong Resistance: 1.1321.

Original Resistance: 1.1310.

Inner Sell Area: 1.1299.

Target Inner Area: 1.1273.

Inner Buy Area: 1.1247.

Original Support: 1.1236.

Strong Support: 1.1225.

Breakout SELL Level: 1.1219.


The material has been provided by InstaForex Company - www.instaforex.com


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