Technical analysis: Intraday Level For EUR/USD, Jan 30, 2019


When the European market opens, some economic data will be released such as German 10-y Bond Auction, Italian 10-y Bond Auction, French Consumer Spending m/m, German Prelim CPI m/m, German Import Prices m/m, German GfK Consumer Climate, and French Flash GDP q/q. The US will also publish the economic data such as Federal Funds Rate, Crude Oil Inventories, Pending Home Sales m/m, and ADP Non-Farm Employment Change, so amid the reports, EUR/USD will move with a medium to a high volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1491. Strong Resistance: 1.1484. Original Resistance: 1.1473. Inner Sell Area: 1.1462. Target Inner Area: 1.1435. Inner Buy Area: 1.1408. Original Support: 1.1397. Strong Support: 1.1386. Breakout SELL Level: 1.1379. (Disclaimer)

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Source:: Technical analysis: Intraday Level For EUR/USD, Jan 30, 2019

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