Technical analysis: Intraday Level For EUR/USD, Sept 07, 2018


When the European market opens, some Economic Data will be released such as French 10-y Bond Auction, Spanish 10-y Bond Auction, and German Factory Orders m/m. The US will release the Economic Data too such as Crude Oil Inventories, Natural Gas Storage, Factory Orders m/m, ISM Non-Manufacturing PMI, Final Services PMI, Unemployment Claims, Revised Unit Labor Costs q/q, Revised Non-farm Productivity q/q, ADP Non-Farm Employment Change, and Challenger Job Cuts y/y, so amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1691. Strong Resistance:1.1684. Original Resistance: 1.1673. Inner Sell Area: 1.1662. Target Inner Area: 1.1634. Inner Buy Area: 1.1606. Original Support: 1.1595. Strong Support: 1.1584. Breakout SELL Level: 1.1577.

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