Thread: Instaforex Analysis
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13-10-15, 09:25 #11
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Technical analysis of EUR/USD for October 13, 2015
When the European market opens, economic news on the ZEW Economic Sentiment, German ZEW Economic Sentiment, German WPI m/m, and German Final CPI m/m is due to be released. The US will deliver economic data on the Federal Budget Balance and NFIB Small Business Index. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1408.
Strong Resistance:1.1401.
Original Resistance: 1.1390.
Inner Sell Area: 1.1379.
Target Inner Area: 1.1352.
Inner Buy Area: 1.1325.
Original Support: 1.1314.
Strong Support: 1.1303.
Breakout SELL Level: 1.1296.
More analysis - at instaforex.com
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