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FX.co ★ Technical analysis: Important intraday levels for EUR/USD, May 09, 2019

Technical analysis: Important intraday levels for EUR/USD, May 09, 2019

Technical analysis: Important intraday levels for EUR/USD, May 09, 2019

The economic calendar does not contain any economic data from the eurozone today. The US will present a batch of economic reports such as Treasury Currency Report, 30-y Bond Auction, Natural Gas Storage, Final Wholesale Inventories m/m, Unemployment Claims, Trade Balance, Core PPI m/m, and PPI m/m. So amid such an economic calendar, EUR/USD is going to trade with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1252

Strong Resistance: 1.1246

Original Resistance: 1.1235

Inner Sell Area: 1.1224

Target Inner Area: 1.1198

Inner Buy Area: 1.1172

Original Support: 1.1161

Strong Support: 1.1150

Breakout SELL Level: 1.1144

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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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