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 material has been provided by InstaForex Company - www.instaforex.com
For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/USD for October 17, 2014 . Thanks for your support.
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