Technical analysis of EUR/USD for Apr 27, 2017

When the European market opens, some Economic Data will be released such as Minimum Bid Rate, Italian 10-y Bond Auction, Spanish Unemployment Rate, Spanish Flash CPI y/y, German Prelim CPI m/m, and GfK German Consumer Climate. The US will release the Economic Data, too, such as Natural Gas Storage, Pending Home Sales m/m, Prelim Wholesale Inventories m/m, Goods Trade Balance, Durable Goods Orders m/m, Unemployment Claims, and Core Durable Goods Orders 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: 1.0960.
Strong Resistance:1.0954.
Original Resistance: 1.0943.
Inner Sell Area: 1.0932.
Target Inner Area: 1.0907.
Inner Buy Area: 1.0882.
Original Support: 1.0871.
Strong Support: 1.0860.
Breakout SELL Level: 1.0854.

Analysis are provided by InstaForex