Technical analysis: Important Intraday Levels For EUR/USD, August 29, 2019


When the European market opens, some economic data will be released such as Italian 10-y Bond Auction, German Unemployment Change, German Prelim CPI m/m, Spanish Flash CPI y/y, French Prelim GDP q/q, and French Consumer Spending m/m. The US will also publish the economic data such as Natural Gas Storage, Pending Home Sales m/m, Unemployment Claims, Prelim Wholesale Inventories m/m, Prelim GDP Price Index q/q, Goods Trade Balance, and Prelim GDP q/q, 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: 1.1139. Strong Resistance: 1.1133. Original Resistance: 1.1122. Inner Sell Area: 1.1111. Target Inner Area: 1.1085. Inner Buy Area: 1.1059. Original Support: 1.1048. Strong Support: 1.1037. Breakout SELL Level: 1.1031. (Disclaimer)The material has been provided by InstaForex Company -