Technical analysis: Intraday Level For EUR/USD, Feb 27, 2019


When the European market opens, some economic data will be released such as German 10-y Bond Auction, Italian 10-y Bond Auction, Private Loans y/y, and M3 Money Supply y/y. The US will also publish the economic data such as Crude Oil Inventories, Pending Home Sales m/m, Factory Orders m/m, Goods Trade Balance, and Prelim Wholesale Inventories m/m , 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: 1.1448. Strong Resistance: 1.1441. Original Resistance: 1.1430. Inner Sell Area: 1.1419. Target Inner Area: 1.1392. Inner Buy Area: 1.1365. Original Support: 1.1354. Strong Support: 1.1343. Breakout SELL Level: 1.1336. (Disclaimer)

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