Technical Analysis of EUR/USD for April 07, 2016
When the European market opens, some economic news will be released such as ECB Monetary Policy Meeting Accounts, French 10-y Bond Auction, French Trade Balance. The US will release economic data too such as Consumer Credit m/m, Natural Gas Storage, Unemployment Claims. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1454.
Strong Resistance: 1.1447.
Original Resistance: 1.1436.
Inner Sell Area: 1.1425.
Target Inner Area: 1.1398.
Inner Buy Area: 1.1371.
Original Support: 1.1360.
Strong Support: 1.1349.
Breakout SELL Level: 1.1342.
The material has been provided by InstaForex Company - www.instaforex.com
