Technical Analysis of EUR/USD for April 06, 2016
When the European market opens, some economic news will be released such as the Retail PMI and German Industrial Production m/m. The US will release economic data too such as Crude Oil Inventories. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1435.
Strong Resistance: 1.1428.
Original Resistance: 1.1417.
Inner Sell Area: 1.1406.
Target Inner Area: 1.1379.
Inner Buy Area: 1.1352.
Original Support: 1.1341.
Strong Support: 1.1330.
Breakout SELL Level: 1.1323.
The material has been provided by InstaForex Company - www.instaforex.com
