17.10.201404:10 Technical analysis of EUR/USD for October 17, 2014

Long-term review

Exchange Rates 17.10.2014 analysis

Today, when the euro zone market opens, they will not release any economic data, but the US will release economic statistics such as the Building Permits, Housing Starts, Prelim UoM Consumer Sentiment, Prelim UoM Inflation Expectations, and the Fed Chair Yellen Speech, so amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.2867.
Strong Resistance:1.2860.
Original Resistance: 1.2847.
Inner Sell Area: 1.2834.
Target Inner Area: 1.2804.
Inner Buy Area: 1.2774.
Original Support: 1.2761.
Strong Support: 1.2748.
Breakout SELL Level: 1.2741.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Arief Makmur,
Analytical expert
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