When the European market opens, some economic news will be released such as German Trade Balance, French Gov Budget Balance, and French Trade Balance. The US will release the economic data too such as the NFIB Small Business Index, JOLTS Job Openings, IBD/TIPP Economic Optimism, and Wholesale Inventories m/m. So, amid the reports, EUR/USD will move low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.2365.
Strong Resistance:1.2358.
Original Resistance: 1.2346.
Inner Sell Area: 1.2334.
Target Inner Area: 1.2305.
Inner Buy Area: 1.2276.
Original Support: 1.2264.
Strong Support: 1.2252.
Breakout SELL Level: 1.2245.
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