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FX.co ★ Technical analysis: Intraday Level For EUR/USD, JAN 17, 2019

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Forex Analysis:::2019-01-17T03:55:49

Technical analysis: Intraday Level For EUR/USD, JAN 17, 2019

Technical analysis: Intraday Level For EUR/USD, JAN 17, 2019

When the European market opens, some economic data will be released such as Spanish 10-y Bond Auction, Final Core CPI y/y, Final CPI y/y, and Italian Trade Balance. The US will also publish the economic data such as Natural Gas Storage, Unemployment Claims, and Philly Fed Manufacturing Index, so amid the reports, the EUR/USD pair will move in a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1455. Strong Resistance: 1.1448. Original Resistance: 1.1437. Inner Sell Area: 1.1426. Target Inner Area: 1.1399. Inner Buy Area: 1.1372. Original Support: 1.1361. Strong Support: 1.1350. Breakout SELL Level: 1.1343. (Disclaimer)

Analyst InstaForex
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