20.12.201705:19 Forex Analysis & Reviews: Technical analysis of EUR/USD for Dec 20, 2017

Long-term review

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When the European market opens, some Economic Data will be released, such as Belgian NBB Business Climate, Current Account, and German PPI m/m. The US will release the Economic Data, too, such as Crude Oil Inventories and Existing Home Sales, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.1901.

Strong Resistance:1.1894.

Original Resistance: 1.1883.

Inner Sell Area: 1.1872.

Target Inner Area: 1.1844.

Inner Buy Area: 1.1816.

Original Support: 1.1805.

Strong Support: 1.1794.

Breakout SELL Level: 1.1787.

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