Thread: Instaforex Analysis
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25-01-17, 07:50 #1
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Technical analysis of EUR/USD for Jan 25, 2017
When the European market opens, some Economic Data will be released, such as Belgian NBB Business Climate, German 30-y Bond Auction and German Ifo Business Climate. The US will release the economic data, too, such as Crude Oil Inventories and HPI m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0784.
Strong Resistance:1.0778.
Original Resistance: 1.0767.
Inner Sell Area: 1.0756.
Target Inner Area: 1.0731.
Inner Buy Area: 1.0706.
Original Support: 1.0695.
Strong Support: 1.0684.
Breakout SELL Level: 1.0678.
More analysis - at instaforex.com
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