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FX.co ★ Technical analysis: Important Intraday Levels For EUR/USD, August 30, 2019

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Forex Analysis:::2019-08-30T02:59:01

Technical analysis: Important Intraday Levels For EUR/USD, August 30, 2019

Technical analysis: Important Intraday Levels For EUR/USD, August 30, 2019

When the European market opens, some economic data will be released such as Unemployment Rate, Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, French Prelim CPI m/m, French Gov Budget Balance, and German Retail Sales m/m. The US will publish the economic data such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Chicago PMI, Personal Income m/m, Core PCE Price Index m/m, and Personal Spending 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: 1.1114. Strong Resistance: 1.1108. Original Resistance: 1.1097. Inner Sell Area: 1.1086. Target Inner Area: 1.1060. Inner Buy Area: 1.1034. Original Support: 1.1023. Strong Support: 1.1012. Breakout SELL Level: 1.1006. (Disclaimer)
Analyst InstaForex
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