Technical analysis of EUR/USD for Aug 03, 2017


When the European market opens, some Economic Data will be released, such as French 10-y Bond Auction, Spanish 10-y Bond Auction, Retail Sales m/m, Final Services PMI, ECB Economic Bulletin, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI. The US will release the Economic Data, too, such as Natural Gas Storage, Factory Orders m/m, ISM Non-Manufacturing PMI, Final Services PMI, Unemployment Claims, and Challenger Job Cuts y/y, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.


Breakout BUY Level: 1.1908.

Strong Resistance:1.1901.

Original Resistance: 1.1890.

Inner Sell Area: 1.1879.

Target Inner Area: 1.1851.

Inner Buy Area: 1.1823.

Original Support: 1.1812.

Strong Support: 1.1801.

Breakout SELL Level: 1.1794.

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Source:: Technical analysis of EUR/USD for Aug 03, 2017

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