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FX.co ★ Technical analysis: Important intraday Level For EUR/USD, January 06, 2020

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Forex Analysis:::2020-01-06T00:26:08

Technical analysis: Important intraday Level For EUR/USD, January 06, 2020

Technical analysis: Important intraday Level For EUR/USD, January 06, 2020

PPI m/m, Sentix Investor Confidence, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI, and German Retail Sales m/m are on tap from the euro area. The US will release such economic data as on Final Services PMI. So, amid the reports, EUR/USD will move in a low to medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1229. Strong Resistance: 1.1223. Original Resistance: 1.1212. Inner Sell Area: 1.1201.Target Inner Area: 1.1175. Inner Buy Area: 1.1149. Original Support: 1.1138. Strong Support: 1.1127. Breakout SELL Level: 1.1121. (Disclaimer)

Analyst InstaForex
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