Technical analysis of EUR/USD for Dec 22, 2017


When the European market opens, some Economic Data will be released such as French Consumer Spending m/m and German GfK Consumer Climate. The US will release the Economic Data too, such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, New Home Sales, Personal Income m/m, Personal Spending m/m, Durable Goods Orders m/m, Core PCE Price Index m/m, and Core Durable Goods Orders m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.


Breakout BUY Level: 1.1901.

Strong Resistance:1.1894.

Original Resistance: 1.1883.

Inner Sell Area: 1.1872.

Target Inner Area: 1.1844.

Inner Buy Area: 1.1816.

Original Support: 1.1805.

Strong Support: 1.1794.

Breakout SELL Level: 1.1787.

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The material has been provided by InstaForex Company -