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FX.co ★ Technical analysis: Important Intraday Levels For EUR/USD, May 31, 2019

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Forex Analysis:::2019-05-31T03:23:20

Technical analysis: Important Intraday Levels For EUR/USD, May 31, 2019

Technical analysis: Important Intraday Levels For EUR/USD, May 31, 2019

When the European market opens, some economic data will be released such as Italian Prelim CPI m/m, German Prelim CPI m/m, and German Retail Sales m/m. The US will also publish the economic data such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Chicago PMI, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1185. Strong Resistance: 1.1179. Original Resistance: 1.1168. Inner Sell Area: 1.1157. Target Inner Area: 1.1131. Inner Buy Area: 1.1105. Original Support: 1.1094. Strong Support: 1.1083. Breakout SELL Level: 1.1077. (Disclaimer)

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