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FX.co ★ Technical analysis: Important intraday Level For EUR/USD, December 20,2019

Technical analysis: Important intraday Level For EUR/USD, December 20,2019

Technical analysis: Important intraday Level For EUR/USD, December 20,2019

Consumer Confidence, Current Account, French Consumer Spending m/m, and German GfK Consumer Climate from the eurozone are due today. The US will release such economic data as Treasury Currency Report, Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Personal Income m/m, Personal Spending m/m, Core PCE Price Index m/m, Final GDP Price Index q/q, and Final GDP q/q, So, amid the reports, EUR/USD will move in a low to medium volatility during this day.TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1175. Strong Resistance: 1.1169. Original Resistance: 1.1158. Inner Sell Area: 1.1147.Target Inner Area: 1.1121. Inner Buy Area: 1.1095. Original Support: 1.1084. Strong Support: 1.1073. Breakout SELL Level: 1.1067. (Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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