CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Technical alert: EURUSD

12:23 16 January 2020

EURUSD struggles with the key resistance area at 1.1163. One should expect elevated volatility at 1:30 PM GMT as retail sales data from the US will be released. Should the pair break higher, the next support to watch can be found at psychological 1.12 handle. On the other hand, a pullback and break below local support at 1.1143 could hint that a decline towards zone at 1.11 may be on the cards.

EURUSD H1 interval. Source: xStation5

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