When the European market opens, some economic reports will be released such as German 10-y Bond Auction, PPI m/m, Prelim Flash GDP q/q, and German Unemployment Change. The US will also present several fundamental reports such as Federal Funds Rate, FOMC Statement, Crude Oil Inventories, ISM Non-Manufacturing PMI, Final Services PMI, and ADP Non-Farm Employment Change. So amid the tight economic calendar, the EUR/USD pair will move with medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0988.
Strong Resistance:1.0982.
Original Resistance: 1.0971.
Inner Sell Area: 1.0960.
Target Inner Area: 1.0935.
Inner Buy Area: 1.0910.
Original Support: 1.0899.
Strong Support: 1.0888.
Breakout SELL Level: 1.0882.
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