When the European market opens, some economic data will be released such as the results of the French and Spanish 10-y Bond Auctions, PPI m/m, and the Spanish unemployment change. The US will release economic data too such as the natural gas storage, factory orders m/m, unemployment claims, and challenger job cuts y/y. So amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1721.
Strong Resistance:1.1714.
Original Resistance: 1.1703.
Inner Sell Area: 1.1692.
Target Inner Area: 1.1664.
Inner Buy Area: 1.1636.
Original Support: 1.1625.
Strong Support: 1.1614.
Breakout SELL Level: 1.1607.
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