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02.01.2018 06:47 AM
Technical analysis of EUR/USD for Jan 02, 2018

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When the European market opens, a series of economic data will be released such as Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. The US will present Final Manufacturing PMI later today. So amid the reports, the EUR/USD pair will move low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.2070.

Strong Resistance:1.2063.

Original Resistance: 1.2051.

Inner Sell Area: 1.2039.

Target Inner Area: 1.2011.

Inner Buy Area: 1.1983.

Original Support: 1.1971.

Strong Support: 1.1959.

Breakout SELL Level: 1.1952.

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