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FX.co ★ Technical analysis: Important intraday Level For EUR/USD, December 06,2019

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Forex Analysis:::2019-12-06T02:12:11

Technical analysis: Important intraday Level For EUR/USD, December 06,2019

Technical analysis: Important intraday Level For EUR/USD, December 06,2019

When the European market opens, such economic data as Italian Retail Sales m/m, French Trade Balance, and German Industrial Production m/m will be unveiled. Consumer Credit m/m, Prelim UoM Inflation Expectations, Final Wholesale Inventories m/m, Prelim UoM Consumer Sentiment, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m from the US are due. So, amid the reports, EUR/USD will move in a medium to high volatility during this day.TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1158. Strong Resistance: 1.1152. Original Resistance: 1.1141. Inner Sell Area: 1.1130. Target Inner Area: 1.1104. Inner Buy Area: 1.1078.Original Support: 1.1067. Strong Support: 1.1056. Breakout SELL Level: 1.1050. (Disclaimer)
Analyst InstaForex
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