When the European market opens, some Economic Data will be released, such as Italian Retail Sales m/m and German Factory Orders m/m. The US will release the Economic Data, too, such as Consumer Credit m/m and Crude Oil Inventories, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1324.
Strong Resistance:1.1318.
Original Resistance: 1.1307.
Inner Sell Area: 1.1296.
Target Inner Area: 1.1270.
Inner Buy Area: 1.1244.
Original Support: 1.1233.
Strong Support: 1.1222.
Breakout SELL Level: 1.1216.
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