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Technical analysis of EUR/USD for June 18, 2015


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When the European market opens, economic data on Eurogroup Meetings, Spanish 10-y Bond Auction, Targeted LTRO, and ECB Economic Bulletin is due.The US will release data about the Natural Gas Storage, CB Leading Index m/m, Philly Fed Manufacturing Index, Current Account, Unemployment Claims, Core CPI m/m, and CPI m/m. So amid the reports, EUR/USD will move low to medium volatility during this day.


Breakout BUY Level: 1.1417.

Strong Resistance:1.1410.

Original Resistance: 1.1399.

Inner Sell Area: 1.1388.

Target Inner Area: 1.1361.

Inner Buy Area: 1.1334.

Original Support: 1.1323.

Strong Support: 1.1312.

Breakout SELL Level: 1.1305.

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