Technical analysis of EUR/USD for Jan 26, 2017

When the European market opens, some Economic Data will be released, such as Italian 10-y Bond Auction, Italian Retail Sales m/m, GfK German Consumer Climate and Spanish Unemployment Rate. The US will release the economic data, too, such as Natural Gas Storage, CB Leading Index m/m, New Home Sales, Flash Services PMI, Prelim Wholesale Inventories m/m, Goods Trade Balance and Unemployment Claims, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0816.
Strong Resistance:1.0810.
Original Resistance: 1.0799.
Inner Sell Area: 1.0788.
Target Inner Area: 1.0763.
Inner Buy Area: 1.0738.
Original Support: 1.0727.
Strong Support: 1.0716.
Breakout SELL Level: 1.0710.

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