When the European market opens, some Economic Data will be released, such as Italian 10-y Bond Auction, Spanish Flash GDP q/q, and German Prelim CPI m/m. The US will release the economic data, too, such as Loan Officer Survey, Pending Home Sales m/m, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m. So, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY’S TECHNICAL LEVEL:
Breakout BUY Level: 1.0776.
Strong Resistance:1.0770.
Original Resistance: 1.0759.
Inner Sell Area: 1.0748.
Target Inner Area: 1.0723.
Inner Buy Area: 1.0698.
Original Support: 1.0687.
Strong Support: 1.0676.
Breakout SELL Level: 1.0670.
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The material has been provided by InstaForex Company – www.instaforex.com
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