When the European market opens, some economic news will be released such as French 10-y Bond Auction, PPI m/m, Retail Sales m/m, and German Factory Orders m/m .The US will also unveil its Natural Gas Storage, Unemployment Claims, Challenger Job Cuts y/y, and Consumer Credit m/m data. So amid the reports, EUR/USD will move medium volatility during this day.
Today's technical levels:
Breakout BUY Level: 1.1895.
Strong Resistance:1.1888.
Original Resistance: 1.1877.
Inner Sell Area: 1.1866.
Target Inner Area: 1.1838.
Inner Buy Area: 1.1810.
Original Support: 1.1799.
Strong Support: 1.1788.
Breakout SELL Level: 1.1781.
Read more: https://www.instaforex.com/forex_analysis/55366/