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02.08.2018 09:30 AM
Technical analysis: intraday levels for EUR/USD for Aug 02, 2018

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When the European market opens, some economic data will be released such as the results of the French and Spanish 10-y Bond Auctions, PPI m/m, and the Spanish unemployment change. The US will release economic data too such as the natural gas storage, factory orders m/m, unemployment claims, and challenger job cuts y/y. So amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1721.

Strong Resistance:1.1714.

Original Resistance: 1.1703.

Inner Sell Area: 1.1692.

Target Inner Area: 1.1664.

Inner Buy Area: 1.1636.

Original Support: 1.1625.

Strong Support: 1.1614.

Breakout SELL Level: 1.1607.

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