
When the European market opens, some economic data such as ZEW Economic Sentiment, Trade Balance, Final Core CPI y/y, Final CPI y/y, and German ZEW Economic Sentiment will be released. The US will publish economic data such as Housing Starts and Building Permits. So, amid the reports, the EUR/USD pair will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:Breakout BUY Level: 1.1280.Strong Resistance:1.1273.Original Resistance: 1.1262.Inner Sell Area: 1.1251.Target Inner Area: 1.1225.Inner Buy Area: 1.1198.Original Support: 1.1187.Strong Support: 1.1176. Breakout SELL Level: 1.1169. (Disclaimer)
The material has been provided by InstaForex Company -
www.instaforex.com