Technical Analysis of EUR/USD for March 30, 2016

Technical Analysis of EUR/USD for March 30, 2016

30 March 2016, 10:58
Roberto Jacobs
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Technical Analysis of EUR/USD for March 30, 2016

When the European market opens, some economic news will be released such as the Italian 10-y Bond Auction and German Prelim CPI m/m. The US will release economic data too such as Crude Oil Inventories and ADP Non-Farm Employment Change. 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: 1.1343.

Strong Resistance: 1.1337.

Original Resistance: 1.1326.

Inner Sell Area: 1.1315.

Target Inner Area: 1.1289.

Inner Buy Area: 1.1263.

Original Support: 1.1252.

Strong Support: 1.1241.

Breakout SELL Level: 1.1235.


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


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