Technical analysis: intraday levels for EUR/USD, Dec 06, 2018

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When the European market opens, some economic data will be released such as the German Factory Orders m/m. At the same time, the US will also deliver some reports such as the Natural Gas Storage, Factory Orders m/m, Unemployment Claims, Trade Balance, and Challenger Job Cuts y/y. So amid these reports EUR/USD will trade with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1405

Strong Resistance:1.1398

Original Resistance: 1.1387

Inner Sell Area: 1.1376

Target Inner Area: 1.1349

Inner Buy Area: 1.1322

Original Support: 1.1311

Strong Support: 1.1300

Breakout SELL Level: 1.1293

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The material has been provided by InstaForex Company - www.instaforex.com