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FX.co ★ Technical analysis of EUR/USD for Sept 27, 2016

Technical analysis of EUR/USD for Sept 27, 2016

Technical analysis of EUR/USD for Sept 27, 2016

When the European market opens, some economic data will be released such as Private Loans y/y, M3 Money Supply y/y, German Import Prices m/m. The US will also release such reports as Richmond Manufacturing Index, CB Consumer Confidence, Flash Services PMI, S&P/CS Composite-20 HPI y/y, so amid this data EUR/USD will move with a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.1306.

Strong Resistance:1.1300.

Original Resistance: 1.1289.

Inner Sell Area: 1.1278.

Target Inner Area: 1.1252.

Inner Buy Area: 1.1226.

Original Support: 1.1215.

Strong Support: 1.1204.

Breakout SELL Level: 1.1198.

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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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