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Technical analysis: Intraday levels for EUR/USD, Sept 17, 2018
September 17, 2018 7:24 amVideo
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When the European market opens, some economic data will be released such as German Buba Monthly Report, Italian Trade Balance, Final Core CPI y/y, and Final CPI y/y. The US is due to release a macroeconomic report, Empire State Manufacturing Index. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY’S TECHNICAL LEVELS:
Breakout BUY Level: 1.1680
Strong Resistance: 1.1673
Original Resistance: 1.1662
Inner Sell Area: 1.1651
Target Inner Area: 1.1623
Inner Buy Area: 1.1595
Original Support: 1.1584
Strong Support: 1.1573
Breakout SELL Level: 1.1566
Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The material has been provided by InstaForex Company – www.instaforex.com
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