Technical analysis: Intraday Level For EUR/USD, Mar 11, 2019

analytics5c85c756d2d1b.jpg

When the European market opens, some economic data will be released such as German Trade Balance and German Industrial Production m/m. The US will also publish the economic data such as Business Inventories m/m, Retail Sales 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: 1.1280.

Strong Resistance:1.1274.

Original Resistance: 1.1263.

Inner Sell Area: 1.1252.

Target Inner Area: 1.1226.

Inner Buy Area: 1.1200.

Original Support: 1.1189.

Strong Support: 1.1178.

Breakout SELL Level: 1.1172.

(Disclaimer)

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