Signals for the EUR/USD pair:
If the pair breaks through at 1.0852, the euro is likely to rise to 1.0882 ant 1.0923.
A breakthrough at 1.0811 can lead to a sell-off of the euro at 1.0787 and 1.0755.
Signals for the GBP/USD pair:
If the pair breaks through at 1.2478, the British pound can grow to 1.2517 and 1.2557.
A breakthrough at 1.2424 can lead to a sell-off of the British pound at 1.2391 and 1.2360.
Fundamental data:
The following fundamental data is set for release during the day: France Services Purchasing Managers' Index, the German Services Purchasing Managers' Index, the Eurozone Services PMI, the Eurozone composite PMI, the Euro Area Retail Sales, and the ADP Employment Change in the United States. Apart from that, the European Commission will publish macroeconomic forecasts for the EU.
The material has been provided by InstaForex Company - www.instaforex.com