When the European market opens, some economic data will be released such as German 30-y Bond Auction, Industrial Production m/m, and Italian Quarterly Unemployment Rate. The US will also publish the economic data such as Crude Oil Inventories, Construction Spending m/m, Durable Goods Orders m/m, Core PPI m/m, PPI m/m, and Core Durable Goods Orders m/m, so amid the reports, the EUR/USD pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1344. Strong Resistance: 1.1338. Original Resistance: 1.1327. Inner Sell Area: 1.1316. Target Inner Area: 1.1290. Inner Buy Area: 1.1264. Original Support: 1.1253. Strong Support: 1.1242. Breakout SELL Level: 1.1236. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
Showing posts with label Mar 13. Show all posts
Showing posts with label Mar 13. Show all posts
Technical analysis: Intraday level for USD/JPY, Mar 13, 2019
In Asia, Japan will release the Tertiary Industry Activity m/m, PPI y/y, and Core Machinery Orders m/m, while the US will publish some economic data such as Crude Oil Inventories, Construction Spending m/m, Durable Goods Orders m/m, Core PPI m/m, PPI m/m, and Core Durable Goods Orders m/m. So there is a probability the USD/JPY pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 111.85. Resistance. 2: 111.62. Resistance. 1: 111.40. Support. 1: 111.14. Support. 2: 110.92. Support. 3: 110.70. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
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