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FX.co ★ Technical analysis of EUR/USD for July 26, 2016

Technical analysis of EUR/USD for July 26, 2016

Technical analysis of EUR/USD for July 26, 2016

When the European market opens, some economic data will be released such as Belgian NBB Business Climate. The US will release economic data too such as the Richmond Manufacturing Index, New Home Sales, CB Consumer Confidence, Flash Services PMI, and S&P/CS Composite-20 HPI y/y. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1038.

Strong Resistance: 1.1032.

Original Resistance: 1.1021.

Inner Sell Area: 1.1010.

Target Inner Area: 1.0985.

Inner Buy Area: 1.0960.

Original Support: 1.0949.

Strong Support: 1.0938.

Breakout SELL Level: 1.0932.

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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