Technical analysis: Important Intraday Levels For EUR/USD, May 17, 2019


When the European market opens, some economic data will be released such as Final Core CPI y/y and Final CPI y/y. The US will also publish the economic data such as Prelim UoM Inflation Expectations, CB Leading Index m/m, Prelim UoM Consumer Sentiment, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1229. Strong Resistance: 1.1223. Original Resistance: 1.1212. Inner Sell Area: 1.1201. Target Inner Area: 1.1175. Inner Buy Area: 1.1149. Original Support: 1.1138. Strong Support: 1.1127. Breakout SELL Level: 1.1121. (Disclaimer)

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