Technical Analysis of EUR/USD for April 15, 2016
When the European market opens, some economic news will be released such as the eurozone's Trade Balance and Italian Trade Balance. The US will release economic data too such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, the Capacity Utilization Rate, the Empire State Manufacturing Index. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1321.
Strong Resistance: 1.1314.
Original Resistance: 1.1303.
Inner Sell Area: 1.1292.
Target Inner Area: 1.1265.
Inner Buy Area: 1.1239.
Original Support: 1.1228.
Strong Support: 1.1217.
Breakout SELL Level: 1.1210.
The material has been provided by InstaForex Company - www.instaforex.com
