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FX.co ★ Technical analysis: Intraday Level For EUR/USD, May 17, 2018

Technical analysis: Intraday Level For EUR/USD, May 17, 2018

Technical analysis: Intraday Level For EUR/USD, May 17, 2018

When the European market opens, some Economic Data will be released such as Spanish 10-y Bond Auction and Italian Trade Balance. The US will release the Economic Data too, such as Natural Gas Storage, CB Leading Index m/m, Unemployment Claims, and Philly Fed Manufacturing Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.1871.

Strong Resistance:1.1864.

Original Resistance: 1.1853.

Inner Sell Area: 1.1842.

Target Inner Area: 1.1814.

Inner Buy Area: 1.1786.

Original Support: 1.1775.

Strong Support: 1.1764.

Breakout SELL Level: 1.1757.

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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