Technical analysis of EUR/USD for Dec 18, 2017

When the European market opens, some Economic Data will be released, such as German Buba Monthly Report, Final Core CPI y/y, Final CPI y/y, and Italian Trade Balance. The US will release the Economic Data, too, such as NAHB Housing Market Index, so, amid the reports, EUR/USD will move in a ... volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1805.
Strong Resistance:1.1798.
Original Resistance: 1.1787.
Inner Sell Area: 1.1776.
Target Inner Area: 1.1748.
Inner Buy Area: 1.1720.
Original Support: 1.1709.
Strong Support: 1.1698.
Breakout SELL Level: 1.1691.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Analysis are provided by InstaForex