FX.co ★ Technical analysis: Intraday Level For EUR/USD, April 16, 2018

When the European market opens, the Economic Data will be released such as the German WPI m/m. The US will also release the Economic Data such as TIC Long-Term Purchases, NAHB Housing Market Index, Business Inventories m/m, Empire State Manufacturing Index, Retail Sales m/m, and Core Retail Sales 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: 1.2391.

Strong Resistance:1.2384.

Original Resistance: 1.2372.

Inner Sell Area: 1.2360.

Target Inner Area: 1.2331.

Inner Buy Area: 1.2302.

Original Support: 1.2290.

Strong Support: 1.2278.

Breakout SELL Level: 1.2271.

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