Technical Analysis of EUR/USD for April 19, 2016

Technical Analysis of EUR/USD for April 19, 2016

19 April 2016, 10:32
Roberto Jacobs
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Technical Analysis of EUR/USD for April 19, 2016

When the European market opens, some economic news will be released such as ZEW Economic Sentiment, German ZEW Economic Sentiment, Current Account. The US will release economic data too such as Housing Starts and Building Permits. So amid the reports, EUR/USD will move with low to medium volatility during this day.


1_EURUSD.jpg


TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1362.

Strong Resistance: 1.1355.

Original Resistance: 1.1344.

Inner Sell Area: 1.1333.

Target Inner Area: 1.1306.

Inner Buy Area: 1.1279.

Original Support: 1.1268.

Strong Support: 1.1257.

Breakout SELL Level: 1.1250.


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