Tuesday, December 20, 2016

Technical Analysis Of EUR/USD For Dec 20, 2016

Technical Analysis Of EUR/USD

When the European market opens, some Economic Data will be released, such as Current Account and German PPI m/m. Today, the US will not release any economic data, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.0455.

Strong Resistance:1.0448.

Original Resistance: 1.0438.

Inner Sell Area: 1.0428.

Target Inner Area: 1.0403.

Inner Buy Area: 1.0378.

Original Support: 1.0368.

Strong Support: 1.0358.

Breakout SELL Level: 1.0351.

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