When the European market opens, some economic news will be released such as the Flash GDP q/q, Italian Prelim GDP q/q, French Prelim Non-Farm Payrolls q/q, German Final CPI m/m, and German Prelim GDP q/q. The US will release economic data too such as the Revised UoM Inflation Expectations, Business Inventories m/m, Prelim UoM Consumer Sentiment, 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 LEVELS:
Breakout BUY Level: 1.1428.
Strong Resistance: 1.1421.
Original Resistance: 1.1410.
Inner Sell Area: 1.1399.
Target Inner Area: 1.1372.
Inner Buy Area: 1.1345.
Original Support: 1.1334.
Strong Support: 1.1323.
Breakout SELL Level: 1.1316.
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