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FX.co ★ Technical analysis: Important Intraday Levels For EUR/USD, December 12, 2019

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Forex Analysis:::2019-12-12T02:09:51

Technical analysis: Important Intraday Levels For EUR/USD, December 12, 2019

Technical analysis: Important Intraday Levels For EUR/USD, December 12, 2019

When the European market opens, some economic data will be released such as Monetary Policy Statement, Main Refinancing Rate, Industrial Production m/m, Italian Quarterly Unemployment Rate, German Final CPI m/m, and French Final CPI m/m. The US will also publish the economic data such as 30-y Bond Auction, Natural Gas Storage, Unemployment Claims, PPI m/m, and Core PPI m/m, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1191. Strong Resistance: 1.1185. Original Resistance: 1.1174. Inner Sell Area: 1.1163. Target Inner Area: 1.1137. Inner Buy Area: 1.1111. Original Support: 1.1100. Strong Support: 1.1089. Breakout SELL Level: 1.1083. (Disclaimer)
Analyst InstaForex
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