When the European market opens, some economic news will be released such as the ECB Monetary Policy Meeting Accounts, Spanish 10-y Bond Auction, French 10-y Bond Auction, and Current Account. The US will release economic data too such as the Natural Gas Storage, CB Leading Index m/m, Unemployment Claims, and Philly Fed Manufacturing Index. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY’S TECHNICAL LEVELS:
Breakout BUY Level: 1.1274.
Strong Resistance: 1.1268.
Original Resistance: 1.1257.
Inner Sell Area: 1.1246.
Target Inner Area: 1.1220.
Inner Buy Area: 1.1194.
Original Support: 1.1183.
Strong Support: 1.1172.
Breakout SELL Level: 1.1166.
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The material has been provided by InstaForex Company – www.instaforex.com
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