Technical Analysis of EUR/USD for April 28, 2016
When the European market opens, some economic news will be released such as the Italian 10-y Bond Auction, German Unemployment Change, Spanish Unemployment Rate, Spanish Flash CPI y/y, German Prelim CPI m/m. The US will release economic data too such as the Natural Gas Storage, Advance GDP Price Index q/q, Unemployment Claims, Advance GDP q/q. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1381.
Strong Resistance: 1.1374.
Original Resistance: 1.1363.
Inner Sell Area: 1.1352.
Target Inner Area: 1.1325.
Inner Buy Area: 1.1298.
Original Support: 1.1287.
Strong Support: 1.1276.
Breakout SELL Level: 1.1269.
The material has been provided by InstaForex Company - www.instaforex.com
