Technical analysis of EUR/USD for Januari 13, 2016

When the European market opens, some economic news will be released such as German 10-y Bond Auction, Industrial Production m/m, and French CPI m/m. The US will release a series of economic data too such as Federal Budget Balance, Beige Book, 10-y Bond Auction, and Crude Oil Inventories. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0889.
Strong Resistance:1.0883.
Original Resistance: 1.0872.
Inner Sell Area: 1.0861.
Target Inner Area: 1.0836.
Inner Buy Area: 1.0811.
Original Support: 1.0800.
Strong Support: 1.0789.
Breakout SELL Level: 1.0783.

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