Technical analysis: Intraday Levels for EUR/USD for May 09, 2018
When the European market opens, some economic data will be released such as the German 30-y Bond Auction and Italian Retail Sales, as well as theFrench Industrial Production m/m. The US will also publish economic reports including the 10-y Bond Auction, Crude Oil Inventories, Final Wholesale Inventories m/m, Core PPI, and PPI. So amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY’S TECHNICAL LEVELS:
Breakout BUY Level: 1.1923
Strong Resistance:1.1916
Original Resistance: 1.1905
Inner Sell Area: 1.1894
Target Inner Area: 1.1866
Inner Buy Area: 1.1839
Original Support: 1.1828
Strong Support: 1.1817
Breakout SELL Level: 1.1810
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Source:: Technical analysis: Intraday Levels for EUR/USD for May 09, 2018