When the European market opens, some economic news will be released such as German Import Prices m/m and German 10-y Bond Auction. The US will release a number of important economic reports such as the Core Durable Goods Orders m/m, Unemployment Claims, Core PCE Price Index m/m, Durable Goods Orders m/m, Personal Spending m/m, Personal Income m/m, Chicago PMI, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations, New Home Sales, Pending Home Sales m/m, Crude Oil Inventories, and Natural Gas Storage. So, amid the reports, EUR/USD will move low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.2542.
Strong Resistance:1.2534.
Original Resistance: 1.2522.
Inner Sell Area: 1.2510.
Target Inner Area: 1.2480.
Inner Buy Area: 1.2450.
Original Support: 1.2438.
Strong Support: 1.2426.
Breakout SELL Level: 1.2418.
The material has been provided by InstaForex Company - www.instaforex.com
