Technical analysis: Intraday levels for EUR/USD, Mar 08, 2019


When the European market opens, some economic data will be released such as French Trade Balance, French Industrial Production m/m, and German Factory Orders m/m. The US will provide a series of economic data, including reports of major importance on the labor market: Housing Starts, Building Permits, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So amid the busy economic calendar, EUR/USD will trade with medium to high volatility during this day.


Breakout BUY Level: 1.1247.

Strong Resistance:1.1241.

Original Resistance: 1.1230.

Inner Sell Area: 1.1219.

Target Inner Area: 1.1193.

Inner Buy Area: 1.1167.

Original Support: 1.1156.

Strong Support: 1.1145.

Breakout SELL Level: 1.1139.

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