TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1251. Strong Resistance:1.1245.Original Resistance: 1.1234. Inner Sell Area:1.1223.Target Inner Area: 1.1197. Inner Buy Area: 1.1171. Original Support: 1.1160.Strong Support: 1.1149. Breakout SELL Level: 1.1143. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
When the European market opens, some economic data such as Italian Trade Balance, Current Account, and German PPI m/m will be released. The US will publish such economic data as Federal Funds Rate and Crude Oil Inventories. So, amid the reports, EUR/USD will move in a medium to high volatility during this day.