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Technical analysis: Intraday Level For EUR/USD, Feb 06, 2019

When the European market opens, some Economic Data will be

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When the European market opens, some economic data will be released such as German Factory Orders m/m. The US will also publish the economic data such as 10-y Bond Auction, Crude Oil Inventories, Trade Balance, Prelim Unit Labor Costs q/q, Prelim Nonfarm Productivity q/q, so amid the reports, EUR/USD will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1464. Strong Resistance: 1.1457. Original Resistance: 1.1446. Inner Sell Area: 1.1435. Target Inner Area: 1.1408. Inner Buy Area: 1.1381. Original Support: 1.1370. Strong Support: 1.1359. Breakout SELL Level: 1.1352. (Disclaimer)

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