Thread: Instaforex Analysis
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18-07-17, 07:07 #11
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Technical analysis of EUR/USD for July 18, 2017
When the European market opens, some Economic Data will be released, such as ZEW Economic Sentiment and German ZEW Economic Sentiment. The US will release the Economic Data, too, such as NAHB Housing Market Index and Import Prices m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1528.
Strong Resistance:1.1521.
Original Resistance: 1.1510.
Inner Sell Area: 1.1499.
Target Inner Area: 1.1472.
Inner Buy Area: 1.1445.
Original Support: 1.1434.
Strong Support: 1.1423.
Breakout SELL Level: 1.1416.
Analysis are provided by InstaForex
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