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20.12.201906:11 Forex Analysis & Reviews: Technical analysis: Important intraday Level For EUR/USD, December 20,2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 20.12.2019 analysis

Consumer Confidence, Current Account, French Consumer Spending m/m, and German GfK Consumer Climate from the eurozone are due today. The US will release such economic data as Treasury Currency Report, Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Personal Income m/m, Personal Spending m/m, Core PCE Price Index m/m, Final GDP Price Index q/q, and Final GDP q/q, So, amid the reports, EUR/USD will move in a low to medium volatility during this day.TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1175. Strong Resistance: 1.1169. Original Resistance: 1.1158. Inner Sell Area: 1.1147.Target Inner Area: 1.1121. Inner Buy Area: 1.1095. Original Support: 1.1084. Strong Support: 1.1073. Breakout SELL Level: 1.1067. (Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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