Technical analysis: Intraday Level For EUR/USD, Jan 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 Monthly Unemployment Rate, German Unemployment Change, Spanish Flash CPI y/y, 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, Unemployment Claims, Personal Income m/m, Personal Spending m/m, Employment Cost Index q/q, Core PCE Price Index m/m, Challenger Job Cuts y/y, so amid the reports, EUR/USD will move with a low to a medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1544. Strong Resistance: 1.1537. Original Resistance: 1.1526. Inner Sell Area: 1.1515. Target Inner Area: 1.1488. Inner Buy Area: 1.1461. Original Support: 1.1450. Strong Support: 1.1439. Breakout SELL Level: 1.1432. (Disclaimer)

The material has been provided by InstaForex Company –

Source:: Technical analysis: Intraday Level For EUR/USD, Jan 31, 2019

Won't your trader friends like this?
About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Related Posts

Leave a Reply