When the European market opens, some economic news will be released such as GfK German Consumer Climate, Italian Retail Sales m/m, EU Economic Summit, Belgian NBB Business Climate. The US will release the economic data too such as the New Home Sales, so amid the reports, EUR/USD will move with low to medium volatility during this day. TODAY
TECHNICAL LEVELS:
Breakout BUY Level: 1.2711.
Strong Resistance:1.2703.
Original Resistance: 1.2691.
Inner Sell Area: 1.2679.
Target Inner Area: 1.2649.
Inner Buy Area: 1.2619.
Original Support: 1.2607.
Strong Support: 1.2595.
Read more: https://www.instaforex.com/forex_analysis/52389/