Technical analysis of EUR/USD for April 29, 2015


When the European market opens, some economic data on the Italian 10-y Bond Auction, Private Loans y/y, M3 Money Supply y/y, and German Prelim CPI m/mara due.The US will release the economic data about the Federal Funds Rate, FOMC Statement, Crude Oil Inventories, Pending Home Sales m/m, Advance GDP Price Index q/q, and Advance GDP q/q. So amid the reports, EUR/USD will move low to medium volatility during this day.


TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1021.

Strong Resistance:1.1015.

Original Resistance: 1.1004.

Inner Sell Area: 1.0993.

Target Inner Area: 1.0968.

Inner Buy Area: 1.0943.

Original Support: 1.0932.

Strong Support: 1.0921.

Breakout SELL Level: 1.0915.



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