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FX.co ★ Technical analysis of EUR/USD for January 11, 2016

Technical analysis of EUR/USD for January 11, 2016

Technical analysis of EUR/USD for January 11, 2016

When the European market opens, some economic news will be released such as Sentix Investor Confidence. The US will also release the economic data, the Labor Market Conditions Index m/m. So amid the reports, EUR/USD will move with low to medium volatility today.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.0990.

Strong Resistance:1.0984.

Original Resistance: 1.0973.

Inner Sell Area: 1.0962.

Target Inner Area: 1.0937.

Inner Buy Area: 1.0912.

Original Support: 1.0901.

Strong Support: 1.0890.

Breakout SELL Level: 1.0884.

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