Technical analysis of EUR/USD for Aug 08, 2017

Exchange Rates 08.08.2017 analysis

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When the European market opens, some Economic Data will be released, such as French Trade Balance, French Gov Budget Balance, and German Trade Balance. The US will release the Economic Data, too, such as IBD/TIPP Economic Optimism, Mortgage Delinquencies, JOLTS Job Openings, and NFIB Small Business Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.


Breakout BUY Level: 1.1855.

Strong Resistance:1.1848.

Original Resistance: 1.1837.

Inner Sell Area: 1.1826.

Target Inner Area: 1.1798.

Inner Buy Area: 1.1770.

Original Support: 1.1759.

Strong Support: 1.1748.

Breakout SELL Level: 1.1741.

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Performed by Arief Makmur, Analytical expert
InstaForex Group © 2007-2017

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Fonte: Technical analysis of EUR/USD for Aug 08, 2017

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