Technical analysis: Intraday Level For EUR/USD, MAR 01, 2019


When the European market opens, some economic data will be released such as Unemployment Rate, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Unemployment Change, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, Spanish Manufacturing PMI, and French Gov Budget Balance. The US will also publish the economic data such as Total Vehicle Sales, Revised UoM Inflation Expectations, ISM Manufacturing Prices, Revised UoM Consumer Sentiment, Revised UoM Consumer Sentiment, Final Manufacturing PMI, Personal Income m/m, Personal Income m/m, Personal Spending m/m, Core PCE Price Index m/m, 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: 1.1426. Strong Resistance: 1.1419. Original Resistance: 1.1408. Inner Sell Area: 1.1397. Target Inner Area: 1.1370. Inner Buy Area: 1.1343. Original Support: 1.1332. Strong Support: 1.1321. Breakout SELL Level: 1.1314. (Disclaimer)

The material has been provided by InstaForex Company -

No comments:

Post a Comment