When the European market opens, some economic data will be released such as ZEW Economic Sentiment and German ZEW Economic Sentiment. The US will also publish the economic data such as NAHB Housing Market Index, Industrial Production m/m, and Capacity Utilization Rate, 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: 1.1360. Strong Resistance: 1.1353. Original Resistance: 1.1342. Inner Sell Area: 1.1331. Target Inner Area: 1.1304. Inner Buy Area: 1.1277. Original Support: 1.1266. Strong Support: 1.1255. Breakout SELL Level: 1.1248. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
Showing posts with label Apr 16. Show all posts
Showing posts with label Apr 16. Show all posts
Technical analysis: Important intraday levels for USD/JPY, Apr 16, 2019
In Asia, Japan will release the Tertiary Industry Activity m/m and the US will publish some economic data such as NAHB Housing Market Index, Industrial Production m/m, and Capacity Utilization Rate. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Resistance. 3 : 112.56. Resistance. 2: 112.34. Resistance. 1: 112.12. Support. 1: 111.86. Support. 2: 111.64. Support. 3: 111.41.(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
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