When the European market opens, some economic news will be released such as EU Economic Summit, Current Account, German PPI m/m, and GfK German Consumer Climate. However, the US will not release any economic data today. So, amid the reports, EUR/USD will move with low to medium volatility during the day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.2336.
Strong Resistance:1.2329.
Original Resistance: 1.2317.
Inner Sell Area: 1.2305.
Target Inner Area: 1.2276.
Inner Buy Area: 1.2247.
Original Support: 1.2235.
Strong Support: 1.2223.
Breakout SELL Level: 1.2216.
Read more: https://www.instaforex.com/forex_analysis/54817/