When the European market opens, some economic news on the German 30-y Bond Auction and GfK German Consumer Climate is due to be released. The US will release economic data on the Federal Funds Rate, FOMC Statement, Crude Oil Inventories, and New Home Sales. So amid the reports, EUR/USD will move with medium to high volatility.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0907.
Strong Resistance:1.0901.
Original Resistance: 1.0890.
Inner Sell Area: 1.0879.
Target Inner Area: 1.0854.
Inner Buy Area: 1.0829.
Original Support: 1.0818.
Strong Support: 1.0807.
Breakout SELL Level: 1.0801.
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