Technical analysis: Intraday Level For EUR/USD, Aug 15, 2018

When the European market opens, some Economic Data will be released such as German 30-y Bond Auction. The US will release the EconomicData too such as TIC Long-Term Purchases, Crude Oil Inventories, NAHB Housing Market Index, Business Inventories m/m, Industrial Production m/m, Capacity Utilization Rate, Prelim Unit Labor Costs q/q, Prelim Nonfarm Productivity q/q, Empire State Manufacturing Index, Retail Sales m/m, and Core Retail Sales 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: 1.1403. Strong Resistance: 1.1396. Original Resistance: 1.1385. Inner Sell Area: 1.1374. Target Inner Area: 1.1346. Inner Buy Area: 1.1318. Original Support: 1.1307. Strong Support: 1.1296. Breakout SELL Level: 1.1289. Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors.The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefullyconsider your investment objectives, level of experience, and riskappetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.The material has been provided by InstaForex Company - www.instaforex.com