Technical analysis: Intraday Level For EUR/USD, Aug 31, 2018
When the European market opens, some Economic Data will be released such as Unemployment Rate, Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, French Prelim CPI m/m, and German Retail Sales m/m. The US will release the Economic Data too such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, and Chicago PMI, so amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1722. Strong Resistance:1.1715. Original Resistance: 1.1704. Inner Sell Area: 1.1693. Target Inner Area: 1.1665. Inner Buy Area: 1.1637. Original Support: 1.1626. Strong Support: 1.1615. Breakout SELL Level: 1.1608.
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