When the European market opens, some Economic Data will be released such as French 10-y Bond Auction, Unemployment Rate, Italian Monthly Unemployment Rate, ECB Economic Bulletin, and Spanish Unemployment Change.The US will also reveal some news such as Natural Gas Storage, Factory Orders m/m, ISM Non-Manufacturing PMI, Final Services PMI, Prelim Unit Labor Costs q/q, Prelim Nonfarm Productivity q/q, Unemployment Claims, Challenger Job Cuts y/y, so amid the reports, EUR/USD is likely to move in a low to medium volatility during this day.
TODAY’S TECHNICAL LEVELS:
Breakout BUY Level: 1.1146.
Strong Resistance:1.1140.
Original Resistance: 1.1129.
Inner Sell Area: 1.1118.
Target Inner Area: 1.1092.
Inner Buy Area: 1.1066.
Original Support: 1.1055.
Strong Support: 1.1044.
Breakout SELL Level: 1.1038.
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The material has been provided by InstaForex Company – www.instaforex.com
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