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MT5.com - Technical analysis: Important Intraday Levels For EUR/USD, May 15, 2019

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Forex Analysis:::2019-05-15

Technical analysis: Important Intraday Levels For EUR/USD, May 15, 2019

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When the European market opens, some economic data will be released such as German 30-y Bond Auction, Flash Employment Change q/q, Flash GDP q/q, French Final CPI m/m, and German Prelim GDP q/q. The US will also publish the economic data such as TIC Long-Term Purchases, Crude Oil Inventories, NAHB Housing Market Index, Business Inventories m/m, Industrial Production m/m, Capacity Utilization Rate, Empire State Manufacturing Index, Retail Sales m/m, Core Retail Sales m/m, 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: 1.1257. Strong Resistance: 1.1251. Original Resistance: 1.1240. Inner Sell Area: 1.1229. Target Inner Area: 1.1203. Inner Buy Area: 1.1177. Original Support: 1.1166. Strong Support: 1.1155. Breakout SELL Level: 1.1149. (Disclaimer)

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Arief Makmur
Analyst InstaForex
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