Technical analysis of EUR/USD for August 28, 2015

When the European market opens, economic news about Italian 10-y Bond Auction, Spanish Flash CPI y/y, and German Prelim CPI m/m is due to release. The US will publish data on the Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Personal Income m/m, Personal Spending m/m, Core PCE Price Index m/m, and Goods Trade Balance. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1297.
Strong Resistance:1.1291.
Original Resistance: 1.1280.
Inner Sell Area: 1.1269.
Target Inner Area: 1.1243.
Inner Buy Area: 1.1217.
Original Support: 1.1206.
Strong Support: 1.1195.
Breakout SELL Level: 1.1189.

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