Technical analysis of EUR/USD for September 16, 2015



When the European market opens, economic news on the German 30-y Bond Auction, Final Core CPI y/y, and Final CPI y/y is due to be published. The US will release data about the TIC Long-Term Purchases, Crude Oil Inventories, NAHB Housing Market Index, Core CPI m/m, and CPI m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1324.
Strong Resistance:1.1318.
Original Resistance: 1.1307.
Inner Sell Area: 1.1296.
Target Inner Area: 1.1270.
Inner Buy Area: 1.1244.
Original Support: 1.1233.
Strong Support: 1.1223.
Breakout SELL Level: 1.1216.

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