Technical analysis of EUR/USD for Jan 10, 2018


When the European market opens, some Economic Data will be released such as the German 10-y Bond Auction and the French industrial production m/m. The US will also hold the 10-y Bond Auction and unveil some economic reports such as the crude oil inventories, final wholesale inventories m/m, and import prices m/m. So, amid the reports, EUR/USD will move in a low to medium volatility during this day.


Breakout BUY Level: 1.1995.

Strong Resistance:1.1988.

Original Resistance: 1.1976.

Inner Sell Area: 1.1964.

Target Inner Area: 1.1936.

Inner Buy Area: 1.1908.

Original Support: 1.1896.

Strong Support: 1.1884.

Breakout SELL Level: 1.1877.

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The material has been provided by InstaForex Company –

Source:: Technical analysis of EUR/USD for Jan 10, 2018

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