Technical analysis of EUR/USD for Apr 12, 2017

When the European market opens, some Economic Data will be released, such as German 10-y Bond Auction, and German WPI m/m. The US will release the Economic Data, too, such as Federal Budget Balance, 30-y Bond Auction, Crude Oil Inventories, and Import Prices m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0660.
Strong Resistance:1.0653.
Original Resistance: 1.0643.
Inner Sell Area: 1.0633.
Target Inner Area: 1.0608.
Inner Buy Area: 1.0583.
Original Support: 1.0573.
Strong Support: 1.0563.
Breakout SELL Level: 1.0556.

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