Technical analysis: Intraday Level For EUR/USD, JAN 10, 2018

analytics5c36c36cd0f46.jpg

When the European market opens, some economic data will be released such as French 10-y Bond Auction, Italian Retail Sales m/m, and French Industrial Production m/m. The US will also publish the economic data such as 30-y Bond Auction, Natural Gas Storage, and Unemployment Claims, so amid the reports, the EUR/USD pair will move with a low to a medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1612. Strong Resistance: 1.1605. Original Resistance: 1.1594. Inner Sell Area: 1.1583. Target Inner Area: 1.1556. Inner Buy Area: 1.1529. Original Support: 1.1518. Strong Support: 1.1507. Breakout SELL Level: 1.1500. (Disclaimer)

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Technical analysis: Intraday Level For EUR/USD, JAN 10, 2018

About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Leave a Reply

*