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FX.co ★ Technical analysis: Important Intraday Levels For EUR/USD, October 17, 2019

Technical analysis: Important Intraday Levels For EUR/USD, October 17, 2019

Technical analysis: Important Intraday Levels For EUR/USD, October 17, 2019

When the European market opens, some economic data will be released such as Spanish 10-y Bond Auction and Italian Trade Balance. The US will also publish the economic data such as Crude Oil Inventories, Natural Gas Storage, Capacity Utilization Rate, Industrial Production m/m, Unemployment Claims, Housing Starts, Building Permits, and Philly Fed Manufacturing Index, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1129. Strong Resistance: 1.1123. Original Resistance: 1.1112. Inner Sell Area: 1.1101. Target Inner Area: 1.1075. Inner Buy Area: 1.1049. Original Support: 1.1038. Strong Support: 1.1027. Breakout SELL Level: 1.1021. (Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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