When the European market opens, some economic data on the Italian Prelim CPI m/m, Unemployment Rate, Core CPI Flash Estimate y/y, and CPI Flash will be released.The US is likely to log economic data about the CB Consumer Confidence, Chicago PMI, and S&P/CS Composite-20 HPI y/y. So, EUR/USD is expected to move low to medium volatility during this day amid the reports.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.0880.
Strong Resistance:1.0874.
Original Resistance: 1.0863.
Inner Sell Area: 1.0852.
Target Inner Area: 1.0827.
Inner Buy Area: 1.0802.
Original Support: 1.0791.
Strong Support: 1.0780.
Breakout SELL Level: 1.0774.
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