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Technical analysis: Important intraday Level For EUR/USD, August 12,2019


When the European market opens, no economic data will be released. Nevertheless, the US will publish such economic data as the Federal Budget Balance.So, amid the reports ,EUR/USD will move in a low to medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1260. Strong Resistance:1.1254. Original Resistance: 1.1244. Inner Sell Area: 1.1234.Target Inner Area: 1.1210. Inner Buy Area: 1.1187. Original Support: 1.1177. Strong Support: 1.1167. Breakout SELL Level: 1.1161. (Disclaimer)

The material has been provided by InstaForex Company -