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Technical analysis: intraday levels for EUR/USD for Sept 19, 2018

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When the European market opens, some economic data will be released such as the German 10-y Bond Auction and the Current Account data. The US will also deliver economic reports such as the Crude Oil Inventories, Housing Starts, Current Account, and Building Permits. So amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1736

Strong Resistance:1.1729

Original Resistance: 1.1718

Inner Sell Area: 1.1707

Target Inner Area: 1.1679

Inner Buy Area: 1.1651

Original Support: 1.1640

Strong Support: 1.1629

Breakout SELL Level: 1.1622

Disclaimer: Trading Forex (foreign exchange) on margin carries a highlevel of risk, and may not be suitable for all Traders or Investors.The high degree of leverage can work against you as well as for you.Before deciding to invest in foreign exchange you should carefullyconsider your investment objectives, level of experience, and riskappetite. The possibility exists that you could sustain a loss of someor all of your initial investment and therefore you should not investmoney that you cannot afford to lose. You should be aware of all therisks associated with foreign exchange trading, and seek advice froman independent financial advisor if you have any doubts.

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