When the European market opens, some Economic Data will be released such as EBA Bank Stress Test Results, Unemployment Rate, Italian Prelim CPI m/m, Prelim Flash GDP q/q, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, Spanish Flash GDP q/q, Spanish Flash CPI y/y, French Prelim CPI m/m, French Consumer Spending m/m, German Retail Sales m/m, French Prelim GDP q/q .The US will release the economic data too such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Chicago PMI, Employment Cost Index q/q, Advance GDP Price Index q/q, Advance GDP q/q. So amid the reports, EUR/USD will move low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1133.
Strong Resistance:1.1127.
Original Resistance: 1.1116.
Inner Sell Area: 1.1105.
Target Inner Area: 1.1079.
Inner Buy Area: 1.1053.
Original Support: 1.1042.
Strong Support: 1.1031.
Breakout SELL Level: 1.1025.
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