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Technical Analysis
Technical analysis on EU,GU and majors
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[QUOTE="bhanu545, post: 73988, member: 7126"] [b]Technical analysis of EUR/USD for November 28, 2014[/b] [IMG]https://forex-images.instaforex.com/userfiles/20141128/!EURUSD.jpg[/IMG] When the European market opens, some economic news will be released such as German Retail Sales m/m, French Consumer Spending m/m, Italian Monthly Unemployment Rate, Italian Quarterly Unemployment Rate, CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, Unemployment Rate, and Italian Prelim CPI m/m. The US will not release any economic reports. So, in this context EUR/USD will move with low to medium volatility during this day. TODAY TECHNICAL LEVELS: Breakout BUY Level: 1.2513. Strong Resistance:1.2505. Original Resistance: 1.2493. Inner Sell Area: 1.2481. Target Inner Area: 1.2451. Inner Buy Area: 1.2421. Original Support: 1.2409. Strong Support: 1.2397. Breakout SELL Level: 1.2389. Performed by Arief Makmur, Analytical expert InstaForex Group © 2007-2014 [/QUOTE]
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