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Wednesday, April 17, 2019

Technical analysis: Important Intraday Levels For EUR/USD, Apr 18, 2019

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When the European market opens, some economic data will be released such as Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Manufacturing PMI, French Flash Services PMI, and German PPI m/m. The US will also publish the economic data such as Natural Gas Storage, CB Leading Index m/m, Business Inventories m/m, Flash Services PMI, Flash Manufacturing PMI, Unemployment Claims, Philly Fed Manufacturing Index, Retail Sales m/m, and Core Retail Sales m/m, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1352. Strong Resistance: 1.1346. Original Resistance: 1.1335. Inner Sell Area: 1.1324. Target Inner Area: 1.1298. Inner Buy Area: 1.1272. Original Support: 1.1261. Strong Support: 1.1250. Breakout SELL Level: 1.1244. (Disclaimer)

The material has been provided by InstaForex Company - www.instaforex.com

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