When the European market opens, some economic news the Trade Balance, Flash GDP q/q, Italian Prelim GDP q/q, French Prelim Non-Farm Payrolls q/q, German Prelim GDP q/q, and French Prelim GDP q/q is due to be released. The US will unveil the economic data on the Natural Gas Storage, Prelim UoM Inflation Expectations, Business Inventories m/m, Prelim UoM Consumer Sentiment, Core PPI m/m, Retail Sales m/m, Retail Sales m/m, PPI m/m, and Core Retail Sales m/m. So amid the reports, the EUR/USD pair will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.0857.
Strong Resistance:1.0851.
Original Resistance: 1.0840.
Inner Sell Area: 1.0829.
Target Inner Area: 1.0804.
Inner Buy Area: 1.0779.
Original Support: 1.0768.
Strong Support: 1.0757.
Breakout SELL Level: 1.0751.
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