When the European market opens, some economic data will be released such as Current Account, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Manufacturing PMI, and French Flash Services PMI. The US will also publish the economic data such as Federal Budget Balance, Prelim Wholesale Inventories m/m, Existing Home Sales, Flash Services PMI, and Flash Manufacturing PMI, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1425. Strong Resistance: 1.1418. Original Resistance: 1.1407. Inner Sell Area: 1.1396. Target Inner Area: 1.1369. Inner Buy Area: 1.1342. Original Support: 1.1331. Strong Support: 1.1320. Breakout SELL Level: 1.1313. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com