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17.01.201905:55 Forex Analysis & Reviews: Technical analysis: Intraday Level For EUR/USD, JAN 17, 2019

Long-term review

Exchange Rates 17.01.2019 analysis

When the European market opens, some economic data will be released such as Spanish 10-y Bond Auction, Final Core CPI y/y, Final CPI y/y, and Italian Trade Balance. The US will also publish the economic data such as Natural Gas Storage, Unemployment Claims, and Philly Fed Manufacturing Index, so amid the reports, the EUR/USD pair will move in a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1455. Strong Resistance: 1.1448. Original Resistance: 1.1437. Inner Sell Area: 1.1426. Target Inner Area: 1.1399. Inner Buy Area: 1.1372. Original Support: 1.1361. Strong Support: 1.1350. Breakout SELL Level: 1.1343. (Disclaimer)

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

Arief Makmur,
Analytical expert of InstaForex
© 2007-2022
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