When the European market opens, a batch of economic data will be released such as Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI, and Spanish Unemployment Change. The US will release some economic news too such as FOMC Meeting Minutes and Total Vehicle Sales. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.0445.
Strong Resistance:1.0439.
Original Resistance: 1.0429.
Inner Sell Area: 1.0419.
Target Inner Area: 1.0395.
Inner Buy Area: 1.0371.
Original Support: 1.0361.
Strong Support: 1.0351.
Breakout SELL Level: 1.0345.
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