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FX.co ★ Technical analysis: Important Intraday Levels For EUR/USD, August 06, 2019

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Forex Analysis:::2019-08-06T00:43:25

Technical analysis: Important Intraday Levels For EUR/USD, August 06, 2019

Technical analysis: Important Intraday Levels For EUR/USD, August 06, 2019

When the European market opens, some economic data will be released such as German Factory Orders m/m. The US will also publish the economic data such as IBD/TIPP Economic Optimism and JOLTS Job Openings, 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: 1.1296. Strong Resistance: 1.1290. Original Resistance: 1.1279. Inner Sell Area: 1.1268. Target Inner Area: 1.1242. Inner Buy Area: 1.1216. Original Support: 1.1205. Strong Support: 1.1194. Breakout SELL Level: 1.1188. (Disclaimer)
Analyst InstaForex
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