Technical analysis: Intraday Level For EUR/USD, Feb 14, 2019

Technical analysis: Intraday Level For EUR/USD, Feb 14, 2019

When the European market opens, some economic data will be released such as Flash Employment Change q/q, Flash GDP q/q, German WPI m/m, and German Prelim GDP q/q. The US will also publish the economic data such as Natural Gas Storage, Business Inventories m/m, Unemployment Claims, Core PPI m/m, Retail Sales m/m, PPI m/m, and Core Retail Sales 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: 1.1318. Strong Resistance: 1.1312. Original Resistance: 1.1301. Inner Sell Area: 1.1290. Target Inner Area: 1.1264. Inner Buy Area: 1.1238. Original Support: 1.1227. Strong Support: 1.1216. Breakout SELL Level: 1.1210. (Disclaimer)

About the Author

Leave a Reply