Technical Analysis of EUR/USD for April 14, 2016
When the European market opens, some economic news will be released such as the Final Core CPI y/y and Final CPI y/y. The US will release economic data too such as the 30-y Bond Auction, Natural Gas Storage, Unemployment Claims, Core CPI m/m, CPI m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1332.
Strong Resistance: 1.1326.
Original Resistance: 1.1315.
Inner Sell Area: 1.1304.
Target Inner Area: 1.1278.
Inner Buy Area: 1.1252.
Original Support: 1.1241.
Strong Support: 1.1230.
Breakout SELL Level: 1.1224.
The material has been provided by InstaForex Company - www.instaforex.com
