When the European market opens, some Economic Data will be released, such as French Industrial Production m/m, French Gov Budget Balance, and German Trade Balance. The US will release the Economic Data, too, such as Consumer Credit m/m and Final Wholesale Inventories m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.2087.
Strong Resistance:1.2080.
Original Resistance: 1.2068.
Inner Sell Area: 1.2056.
Target Inner Area: 1.2028.
Inner Buy Area: 1.2000.
Original Support: 1.1988.
Strong Support: 1.1976.
Breakout SELL Level: 1.1969.
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