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Technical Analysis of EUR/USD for March 29, 2016
When the European market opens, some economic news will be released such as Private Loans y/y and M3 Money Supply y/y. The US will release economic data too such as CB Consumer Confidence and the S&P/CS Composite-20 HPI y/y. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1253.
Strong Resistance: 1.1247.
Original Resistance: 1.1236.
Inner Sell Area: 1.1225.
Target Inner Area: 1.1199.
Inner Buy Area: 1.1173.
Original Support: 1.1162.
Strong Support: 1.1151.
Breakout SELL Level: 1.1145.
The material has been provided by InstaForex Company - www.instaforex.com