When the European market opens, some Economic Data will be released such as Consumer Confidence, ZEW Economic Sentiment, and German ZEW Economic Sentiment. The US will release the Economic Data too, such as Richmond Manufacturing 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: 1.2327.
Strong Resistance:1.2320.
Original Resistance: 1.2308.
Inner Sell Area: 1.2296.
Target Inner Area: 1.2267.
Inner Buy Area: 1.2238.
Original Support: 1.2226.
Strong Support: 1.2214.
Breakout SELL Level: 1.2207.
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