Technical analysis of EUR/USD for Jan 19, 2018

When the European market opens, some Economic Data will be released such as Current Account and German PPI m/m. The US will release the Economic Data too, such as Prelim UoM Inflation Expectations and Prelim UoM Consumer Sentiment, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.2420.
Strong Resistance:1.2404.
Original Resistance: 1.2377.
Inner Sell Area: 1.2350.
Target Inner Area: 1.2286.
Inner Buy Area: 1.2222.
Original Support: 1.2195.
Strong Support: 1.2168.
Breakout SELL Level: 1.2152.

Analysis are provided by InstaForex