13.08.201405:20 Forex Analysis & Reviews: Technical analysis of EUR/USD for August 13, 2014

Long-term review

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When the European market opens, some economic news will be released such as German Final CPI m/m, German WPI m/m, French CPI m/m, Industrial Production m/m, German 10-y Bond Auction. The US will release the economic data too such as the Core Retail Sales m/m, Retail Sales m/m, Business Inventories m/m, Crude Oil Inventories, 10-y Bond Auction, so amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY's TECHNICAL LEVELS:
Breakout BUY Level: 1.3430.
Strong Resistance:1.3422.
Original Resistance: 1.3409.
Inner Sell Area: 1.3396.
Target Inner Area: 1.3364.
Inner Buy Area: 1.3332.
Original Support: 1.3319.
Strong Support: 1.3306.
Breakout SELL Level: 1.3298.

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