German 10-y Bond Auction, French Trade Balance, and German Factory Orders m/m reports from the euro area are on tap. The US will release such economic data as Consumer Credit m/m, 10-y Bond Auction, Crude Oil Inventories, and ADP Non-Farm Employment Change. So, amid the reports, EUR/USD will move in a medium volatility during this day.TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1214. Strong Resistance: 1.1208. Original Resistance: 1.1197. Inner Sell Area: 1.1186.Target Inner Area: 1.1160. Inner Buy Area: 1.1134. Original Support: 1.1123. Strong Support: 1.1112. Breakout SELL Level: 1.1106. (Disclaimer)
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