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Technical analysis: Important Intraday Levels For EUR/USD, August 16, 2019


When the European market opens, some economic data will be released such as Trade Balance. The US will also publish the economic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Housing Starts, and Building Permits, 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: 1.1164. Strong Resistance: 1.1158. Original Resistance: 1.1147. Inner Sell Area: 1.1136. Target Inner Area: 1.1110. Inner Buy Area: 1.1084. Original Support: 1.1073. Strong Support: 1.1062. Breakout SELL Level: 1.1056. (Disclaimer)The material has been provided by InstaForex Company -