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FX.co ★ Technical analysis of EUR/USD for October 15, 2014

Technical analysis of EUR/USD for October 15, 2014

Technical analysis of EUR/USD for October 15, 2014

When the European market opens, some economic news will be released such as German Final CPI m/m. The US will release the economic data too such as the PPI m/m, Retail Sales m/m, Core PPI m/m, Empire State Manufacturing Index, Business Inventories m/m, Beige Book, Federal Budget Balance, so amid the reports, EUR/USD will move low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.2701.
Strong Resistance:1.2694
Original Resistance: 1.2682.
Inner Sell Area: 1.2670.
Target Inner Area: 1.2641.
Inner Buy Area: 1.2612.
Original Support: 1.2600.
Strong Support: 1.2588.
Breakout SELL Level: 1.2581.
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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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