When the European market opens, some economic data will be released such as French Gov Budget Balance, German Trade Balance.The US will release the economic data too such as Wholesale Inventories m/m, IBD/TIPP Economic Optimism, Prelim Unit Labor Costs q/q, Prelim Nonfarm Productivity q/q, NFIB Small Business Index, so amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1137.
Strong Resistance:1.1131.
Original Resistance: 1.1120.
Inner Sell Area: 1.1109.
Target Inner Area: 1.1083.
Inner Buy Area: 1.1057.
Original Support: 1.1046.
Strong Support: 1.1035.
Breakout SELL Level: 1.1029.
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