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Technical analysis: intraday levels for EUR/USD for January 8, 2019

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When the European market opens, some economic data will be released such as the French Trade Balance and German Industrial Production m/m. The US will release economic data as well such as the Consumer Credit m/m, JOLTS Job Openings, trade balance, and the NFIB Small Business Index Auction. So, amid the reports EUR/USD will move in a low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1526. Strong Resistance:1.1519. Original Resistance: 1.1508. Inner Sell Area: 1.1497. Target Inner Area: 1.1469. Inner Buy Area: 1.1441. Original Support: 1.1430. Strong Support: 1.1419. Breakout SELL Level: 1.1412.

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