Technical analysis: Important intraday Level For EUR/USD, Nov 4, 2019

Posted On 04 Nov 2019

When the European market opens, such economic data as Sentix Investor Confidence, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI will be released. The US will publish such economic data as Loan Officer Survey and Factory Orders m/m. So, amid the reports, EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL:Breakout BUY Level: 1.1215. Strong Resistance:1.1209. Original Resistance: 1.1198. Inner Sell Area: 1.1187.Target Inner Area: 1.1161. Inner Buy Area: 1.1135. Original Support: 1.1124. Strong Support: 1.1113. Breakout SELL Level: 1.1107. (Disclaimer)The material has been provided by InstaForex Company – www.instaforex.com

Source:: Technical analysis: Important intraday Level For EUR/USD, November 04,2019

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