Technical analysis of EUR/USD for Aug 11, 2017

When the European market opens, some Economic Data will be released, such as French Prelim Non-Farm Payrolls q/q, French Final CPI m/m, German WPI m/m, and German Final CPI m/m. The US will release the Economic Data, too, such as Core CPI m/m and CPI 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: 1.1825.
Strong Resistance:1.1818.
Original Resistance: 1.1807.
Inner Sell Area: 1.1796.
Target Inner Area: 1.1768.
Inner Buy Area: 1.1740.
Original Support: 1.1729.
Strong Support: 1.1718.
Breakout SELL Level: 1.1711.

Analysis are provided by InstaForex