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21.11.201805:54 Forex Analysis & Reviews: Technical analysis: Intraday levels for EUR/USD, Nov 21, 2018

Long-term review
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Exchange Rates 21.11.2018 analysis

When the European market opens, no economic data will be released from the eurozone. However, the US will release a series of economic reports such as Natural Gas Storage, Crude Oil Inventories, Revised UoM Inflation Expectations, Existing Home Sales, CB Leading Index m/m, Revised UoM Consumer Sentiment, Unemployment Claims, Durable Goods Orders m/m, and Core Durable Goods Orders m/m. So, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1424

Strong Resistance:1.1417

Original Resistance: 1.1406

Inner Sell Area: 1.1395

Target Inner Area: 1.1368

Inner Buy Area: 1.1341

Original Support: 1.1330

Strong Support: 1.1319

Breakout SELL Level: 1.1312

Disclaimer: Trading Forex (foreign exchange) on margin carries a highlevel of risk, and may not be

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 carefully consider your investment objectives, level of experience, and risk appetite. 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.

Arief Makmur
Analytical expert of InstaForex
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