Technical analysis of EUR/USD for Apr 06, 2017

When the European market opens, some Economic Data will be released, such as ECB Monetary Policy Meeting Accounts, French 10-y Bond Auction, Spanish 10-y Bond Auction, Retail PMI, and German Factory Orders m/m. The US will release the Economic Data, too, such as Natural Gas Storage, Unemployment Claims, and Challenger Job Cuts y/y, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0722.
Strong Resistance:1.0715.
Original Resistance: 1.0705.
Inner Sell Area: 1.0695.
Target Inner Area: 1.0670.
Inner Buy Area: 1.0645.
Original Support: 1.0635.
Strong Support: 1.0625.
Breakout SELL Level: 1.0618.

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