Thread: Instaforex Analysis
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13-04-17, 08:34 #11
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Technical analysis of EUR/USD for Apr 13, 2017
When the European market opens, some Economic Data will be released, such as French Final CPI m/m, and German Final CPI m/m. The US will release the Economic Data, too, such as Natural Gas Storage, Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Core PPI m/m, Unemployment Claims, and PPI 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: 1.0722.
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.
More analysis - at instaforex.com
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