Technical Analysis of EUR/USD for March 24, 2016
When the European market opens, some economic news will be released such as the Targeted LTRO, Italian 10-y Bond Auction, Italian Retail Sales m/m, ECB Economic Bulletin, GfK German Consumer Climate, and German Import Prices m/m. The US will release economic data too such as Natural Gas Storage, the Flash Services PMI, Durable Goods Orders m/m, Unemployment Claims, and Core Durable Goods Orders m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1230.
Strong Resistance: 1.1224.
Original Resistance: 1.1213.
Inner Sell Area: 1.1202.
Target Inner Area: 1.1176.
Inner Buy Area: 1.1150.
Original Support: 1.1139.
Strong Support: 1.1128.
Breakout SELL Level: 1.1122.
The material has been provided by InstaForex Company - www.instaforex.com
