When the European market opens, some economic data will be released such as Italian Prelim CPI m/m, PPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Final Services PMI, German Unemployment Change, German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI, and French Prelim CPI m/m. The US will provide data of major importance such as Crude Oil Inventories, Natural Gas Storage, Final Services PMI, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So, amid a heavily loaded economic calendar, EUR/USD will trade with medium to high volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1461.
Strong Resistance:1.1454.
Original Resistance: 1.1443.
Inner Sell Area: 1.1432.
Target Inner Area: 1.1405.
Inner Buy Area: 1.1378.
Original Support: 1.1367.
Strong Support: 1.1356.
Breakout SELL Level: 1.1349.
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