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02.08.2019 05:55 AM
Technical analysis: Important Intraday Levels For EUR/USD, August 02, 2019

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When the European market opens, some economic data will be released such as Retail Sales m/m, Italian Retail Sales m/m, PPI m/m, Italian Industrial Production m/m, and Spanish Unemployment Change. The US will also publish the economic data such as Revised UoM Inflation Expectations, Factory Orders m/m, Revised UoM Consumer Sentiment, Trade Balance, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m, so amid the reports, the EUR/USD pair will move with medium to high volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1135. Strong Resistance: 1.1129. Original Resistance: 1.1118. Inner Sell Area: 1.1107. Target Inner Area: 1.1081. Inner Buy Area: 1.1055. Original Support: 1.1044. Strong Support: 1.1033. Breakout SELL Level: 1.1027. (Disclaimer)
Arief Makmur,
Analytical expert of InstaForex
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