Technical Analysis of EUR/USD for April 22, 2016
When the European market opens, some economic news will be released such as the Italian Retail Sales m/m, Flash Manufacturing PMI, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Services PMI, and French Flash Manufacturing PMI. The US will release economic data too such as the Flash Manufacturing PMI. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1344.
Strong Resistance: 1.1338.
Original Resistance: 1.1327.
Inner Sell Area: 1.1316.
Target Inner Area: 1.1290.
Inner Buy Area: 1.1264.
Original Support: 1.1253.
Strong Support: 1.1242.
Breakout SELL Level: 1.1236.
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