19.10.201605:33 Forex Analysis & Reviews: Technical analysis of EUR/USD for Oct 19, 2016

Long-term review

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When the European market opens, some economic data will be released such as German 30-y Bond Auction. The US will release a series of macroeconomic reports such as Beige Book, Crude Oil Inventories, Housing Starts, and Building Permits. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1026

Strong Resistance:1.1020

Original Resistance: 1.1009

Inner Sell Area: 1.0998

Target Inner Area: 1.0973

Inner Buy Area: 1.0948

Original Support: 1.0937

Strong Support: 1.0926

Breakout SELL Level: 1.0920

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