When the European market opens, some economic news on the Trade Balance, ECOFIN Meetings, and French Gov Budget Balance is due to be released. The US will deliver economic data on the Prelim UoM Inflation Expectations, Business Inventories m/m, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Empire State Manufacturing Index, Core PPI m/m, Retail Sales m/m, PPI m/m, and Core Retail Sales m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0917.
Strong Resistance:1.0911.
Original Resistance: 1.0900.
Inner Sell Area: 1.0889.
Target Inner Area: 1.0864.
Inner Buy Area: 1.0839.
Original Support: 1.0828.
Strong Support: 1.0817.
Breakout SELL Level: 1.0811.
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