FX.co ★ Technical analysis: Important Intraday Levels For EUR/USD, October 16, 2019

When the European market opens, some economic data will be released such as Italian Trade Balance, German 30-y Bond Auction, Trade Balance, Final Core CPI y/y, and Final CPI y/y. The US will also publish the economic data such as Beige Book, NAHB Housing Market Index, Retail Sales m/m, and Core Retail Sales 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: 1.1089. Strong Resistance: 1.1083. Original Resistance: 1.1072. Inner Sell Area: 1.1061. Target Inner Area: 1.1035. Inner Buy Area: 1.1009. Original Support: 1.0998. Strong Support: 1.0987. Breakout SELL Level: 1.0981. (Disclaimer)