FX.co ★ Technical analysis: Important Intraday Levels For EUR/USD, December 05, 2019

When the European market opens, some economic data will be released such as French 10-y Bond Auction, Spanish 10-y Bond Auction, Revised GDP q/q, Retail Sales m/m, Final Employment Change q/q, and German Factory Orders m/m. The US will also publish the economic reports such as Natural Gas Storage, Factory Orders m/m, Unemployment Claims, Trade Balance, and Challenger Job Cuts y/y, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1136. Strong Resistance: 1.1130. Original Resistance: 1.1119. Inner Sell Area: 1.1108. Target Inner Area: 1.1082. Inner Buy Area: 1.1056. Original Support: 1.1045. Strong Support: 1.1034. Breakout SELL Level: 1.1028. (Disclaimer)