When the European market opens, some economic news will be released such as Trade Balance, Flash GDP q/q, Italian Prelim GDP q/q, French Prelim Non-Farm Payrolls q/q, German WPI m/m, German Prelim GDP q/q, and French Prelim GDP q/q. Besides, the US will release some economic reports too such as the Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Import Prices m/m, so amid the reports, EUR/USD will move low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1456.
Strong Resistance:1.1449.
Original Resistance: 1.1438.
Inner Sell Area: 1.1427.
Target Inner Area: 1.1400.
Inner Buy Area: 1.1373.
Original Support: 1.1362.
Strong Support: 1.1351.
Breakout SELL Level: 1.1344.
The material has been provided by InstaForex Company - www.instaforex.com
