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FX.co ★ Technical analysis: Important Intraday Levels For EUR/USD, August 01, 2019

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Forex Analysis:::2019-08-01T04:20:18

Technical analysis: Important Intraday Levels For EUR/USD, August 01, 2019

Technical analysis: Important Intraday Levels For EUR/USD, August 01, 2019

When the European market opens, some economic data will be released such as French 10-y Bond Auction, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. The US will also publish the economic data such as Natural Gas Storage, Wards Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, Unemployment Claims, and Challenger Job Cuts y/y, 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: 1.1125. Strong Resistance: 1.1119. Original Resistance: 1.1108. Inner Sell Area: 1.1097. Target Inner Area: 1.1071. Inner Buy Area: 1.1045. Original Support: 1.1034. Strong Support: 1.1023. Breakout SELL Level: 1.1017. (Disclaimer)
Analyst InstaForex
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