Technical analysis of EUR/USD for Dec 11, 2017


When the European market opens, some economic data will be released such as Italian Retail Sales m/m. The US will present several economic reports as well such as 10-y Bond Auction and JOLTS Job Openings. So amid the reports, EUR/USD will move with low to medium volatility during this day.


Breakout BUY Level: 1.1829

Strong Resistance: 1.1822

Original Resistance: 1.1811

Inner Sell Area: 1.1800

Target Inner Area: 1.1772

Inner Buy Area: 1.1744

Original Support: 1.1733

Strong Support: 1.1722

Breakout SELL Level: 1.1715

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The material has been provided by InstaForex Company –

Source:: Technical analysis of EUR/USD for Dec 11, 2017

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