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

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Forex Analysis:::2019-10-31T04:37:03

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

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

When the European market opens, some economic data will be released such as Italian Prelim GDP q/q, Unemployment Rate, Prelim Flash GDP q/q, Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, Spanish Flash GDP q/q, French Prelim CPI m/m, and German Retail Sales m/m. The US will also publish the economic data such as Natural Gas Storage, Chicago PMI, Unemployment Claims, Personal Income m/m, Employment Cost Index q/q, Core PCE Price Index m/m, Personal Spending m/m, 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: 1.1217. Strong Resistance: 1.1211. Original Resistance: 1.1200. Inner Sell Area: 1.1189. Target Inner Area: 1.1163. Inner Buy Area: 1.1137. Original Support: 1.1126. Strong Support: 1.1115. Breakout SELL Level: 1.1109. (Disclaimer)
Analyst InstaForex
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