Technical analysis: Intraday Level For EUR/USD, Feb 01, 2019


When the European market opens, some economic data will be released such as Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, Spanish Manufacturing PMI, and French Gov Budget Balance. The US will also publish the economic data such as Total Vehicle Sales, Revised UoM Inflation Expectations, ISM Manufacturing Prices, Revised UoM Consumer Sentiment, ISM Manufacturing PMI, Final Manufacturing PMI, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m, so amid the reports, the EUR/USD pair will move with a medium to a high volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1516. Strong Resistance: 1.1509. Original Resistance: 1.1496. Inner Sell Area: 1.1483. Target Inner Area: 1.1453. Inner Buy Area: 1.1423. Original Support: 1.1410. Strong Support: 1.1397. Breakout SELL Level: 1.1390. (Disclaimer)

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