When the European market opens, economic data on Italian Prelim CPI m/m, Unemployment Rate, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, ECB Economic Bulletin, German Unemployment Change, Spanish Flash GDP q/q, Spanish Flash CPI y/y, French Consumer Spending m/m, and German Retail Sales m/m are due.The US is expected to release data on the Natural Gas Storage, Chicago PMI, Personal Income m/m, Personal Spending m/m, Employment Cost Index q/q, Core PCE Price Index m/m, and Unemployment Claims. So amid the reports, EUR/USD will move low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1166.
Strong Resistance:1.1160.
Original Resistance: 1.1149.
Inner Sell Area: 1.1138.
Target Inner Area: 1.1112.
Inner Buy Area: 1.1086.
Original Support: 1.1075.
Strong Support: 1.1064.
Breakout SELL Level: 1.1058.
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