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Technical analysis: Intraday Level For EUR/USD, Feb 04, 2019

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When the European market opens, some economic data will be released such as Italian Prelim CPI m/m, PPI m/m, Sentix Investor Confidence, and Spanish Unemployment Change. The US will also publish the economic data such as Factory Orders m/m, so amid the reports, the EUR/USDpair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1511. Strong Resistance: 1.1504. Original Resistance: 1.1493. Inner Sell Area: 1.1482. Target Inner Area: 1.1455. Inner Buy Area: 1.1428. Original Support: 1.1417. Strong Support: 1.1406. Breakout SELL Level: 1.1399. (Disclaimer)

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