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FX.co ★ Technical analysis: Intraday Level For EUR/USD, July 05, 2018

Technical analysis: Intraday Level For EUR/USD, July 05, 2018

Technical analysis: Intraday Level For EUR/USD, July 05, 2018

When the European market opens, some Economic Data will be released such as French 10-y Bond Auction, Spanish 10-y Bond Auction, Retail PMI, and German Factory Orders m/m. The US will release the Economic Data too, such as Crude Oil Inventories, ISM Non-Manufacturing PMI, Final Services PMI, Unemployment Claims, ADP Non-Farm Employment Change, and Challenger Job Cuts y/y, so, amid the reports, EUR/USD will move in a medium to high volatility during this day.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.1718.

Strong Resistance:1.1711.

Original Resistance: 1.1700.

Inner Sell Area: 1.1689.

Target Inner Area: 1.1661.

Inner Buy Area: 1.1633.

Original Support: 1.1622.

Strong Support: 1.1611.

Breakout SELL Level: 1.1604.

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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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