When the European market opens, no economic data will be released. However, the US will release a series of economic data such as Federal Funds Rate, FOMC Statement, FOMC Economic Projections, Crude Oil Inventories, and New Home Sales. So, amid the reports, EUR/USD will move with medium to high volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1819.
Strong Resistance:1.1812.
Original Resistance: 1.1801.
Inner Sell Area: 1.1790.
Target Inner Area: 1.1762.
Inner Buy Area: 1.1734.
Original Support: 1.1723.
Strong Support: 1.1712.
Breakout SELL Level: 1.1705.
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The material has been provided by InstaForex Company - www.instaforex.com