Technical analysis of EUR/USD for Dec 28, 2017


When the European market opens, some Economic Data will be released such as Italian 10-y Bond Auction and ECB Economic Bulletin. The US will release the Economic Data too, such as Crude Oil Inventories, Natural Gas Storage, Chicago PMI, Prelim Wholesale Inventories m/m, Goods Trade Balance, and Unemployment Claims, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.


Breakout BUY Level: 1.1962.

Strong Resistance:1.1955.

Original Resistance: 1.1943.

Inner Sell Area: 1.1931.

Target Inner Area: 1.1903.

Inner Buy Area: 1.1833.

Original Support: 1.1875.

Strong Support: 1.1851.

Breakout SELL Level: 1.1844.

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The material has been provided by InstaForex Company -