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FX.co ★ Technical analysis: Intraday Level For EUR/USD, Mar 04, 2019

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Forex Analysis:::2019-03-04T04:59:54

Technical analysis: Intraday Level For EUR/USD, Mar 04, 2019

Technical analysis: Intraday Level For EUR/USD, Mar 04, 2019

When the European market opens, some economic data will be released such as PPI m/m, Sentix Investor Confidence, and Spanish Unemployment Change. The US will also publish the economic data such as Construction Spending m/m, so amid the reports, the EUR/USD pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1425. Strong Resistance: 1.1418. Original Resistance: 1.1407. Inner Sell Area: 1.1396. Target Inner Area: 1.1369. Inner Buy Area: 1.1342. Original Support: 1.1331. Strong Support: 1.1320. Breakout SELL Level: 1.1313. (Disclaimer)

Analyst InstaForex
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