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FX.co ★ Technical analysis: Important intraday Level For EUR/USD, January 07,2020

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Forex Analysis:::2020-01-07T03:40:59

Technical analysis: Important intraday Level For EUR/USD, January 07,2020

Technical analysis: Important intraday Level For EUR/USD, January 07,2020

Retail Sales m/m, Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, and CPI Flash Estimate y/y reports from the euro area are due today. The US will publish such economic data as Factory Orders m/m, ISM Non-Manufacturing PMI, and Trade Balance. So, amid the reports, EUR/USD will move in a low to medium volatility during this day.TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1245. Strong Resistance: 1.1239. Original Resistance: 1.1228. Inner Sell Area: 1.1217.Target Inner Area: 1.1191. Inner Buy Area: 1.1165. Original Support: 1.1154. Strong Support: 1.1143. Breakout SELL Level: 1.1137. (Disclaimer)

Analyst InstaForex
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