When the European market opens, some economic data will be released such as Main Refinancing Rate, German Ifo Business Climate, Spanish Unemployment Rate, and German GfK Consumer Climate. The US will provide quite a lot of economic data too such as Natural Gas Storage, Pending Home Sales m/m, Unemployment Claims, Prelim Wholesale Inventories m/m, Goods Trade Balance, Durable Goods Orders m/m, and Core Durable Goods Orders m/m. So, amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1457
Strong Resistance:1.1450
Original Resistance: 1.1439
Inner Sell Area: 1.1428
Target Inner Area: 1.1400
Inner Buy Area: 1.1372
Original Support: 1.1361
Strong Support: 1.1350
Breakout SELL Level: 1.1343
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