FX.co ★ Technical analysis: Intraday levels for EUR/USD, January 04, 2019

When the European market opens, some economic data will be released such as Italian Prelim CPI m/m, PPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Final Services PMI, German Unemployment Change, German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI, and French Prelim CPI m/m. The US will provide data of major importance such as Crude Oil Inventories, Natural Gas Storage, Final Services PMI, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So, amid a heavily loaded economic calendar, EUR/USD will trade with medium to high volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1461.

Strong Resistance:1.1454.

Original Resistance: 1.1443.

Inner Sell Area: 1.1432.

Target Inner Area: 1.1405.

Inner Buy Area: 1.1378.

Original Support: 1.1367.

Strong Support: 1.1356.

Breakout SELL Level: 1.1349.

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