Technical Analysis of EUR/USD for March 28, 2016

Technical Analysis of EUR/USD for March 28, 2016

28 March 2016, 12:45
Roberto Jacobs
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Technical Analysis of EUR/USD for March 28, 2016

When the European market opens, no economic news will be released from the eurozone today but the US will release some economic data such as Pending Home Sales m/m, Personal Income m/m, Personal Spending m/m, the Goods Trade Balance, and the Core PCE Price Index m/m. So amid the reports, EUR/USD will move with low volatility during this day.


1_EURUSD


TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1210.

Strong Resistance: 1.1204.

Original Resistance: 1.1193.

Inner Sell Area: 1.1182.

Target Inner Area: 1.1156.

Inner Buy Area: 1.1130.

Original Support: 1.1119.

Strong Support: 1.1108.

Breakout SELL Level: 1.1102.

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


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