FX.co ★ Technical analysis of EUR/USD for May 19, 2015

When the European market opens, economic data on Trade Balance, Final Core CPI y/y, ZEW Economic Sentiment, Final CPI y/y, and German ZEW Economic Sentiment are due for release.The US will reveal economic data on Housing Starts and Building Permits. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1380.

Strong Resistance:1.1373.

Original Resistance: 1.1362.

Inner Sell Area: 1.1351.

Target Inner Area: 1.1324.

Inner Buy Area: 1.1297.

Original Support: 1.1286.

Strong Support: 1.1275.

Breakout SELL Level: 1.1268.

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