FX.co ★ Technical analysis of EUR/USD for January 23, 2015

When the European market opens, a batch of economic reports will be released such as Belgian NBB Business Climate, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PM, German Flash Manufacturing PMI, French Flash Services PMI, and French Flash Manufacturing PMI. The US will release some economic data too such as the CB Leading Index m/m, Existing Home Sales, and Flash Manufacturing PMI. So, amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1418.

Strong Resistance:1.1411.

Original Resistance: 1.1400.

Inner Sell Area: 1.1389.

Target Inner Area: 1.1362.

Inner Buy Area: 1.1335.

Original Support: 1.1324.

Strong Support: 1.1313.

Breakout SELL Level: 1.1306.

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