When the European market opens, some economic news will be released such as Spanish 10-y Bond Auction, Retail PMI, French Trade Balance, French Industrial Production m/m, and German Factory Orders m/m. The US will publish a few macroeconomic data such as the Consumer Credit m/m, Natural Gas Storage, Unemployment Claims, and Challenger Job Cuts y/y. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1395.
Strong Resistance:1.1388.
Original Resistance: 1.1377.
Inner Sell Area: 1.1366.
Target Inner Area: 1.1339.
Inner Buy Area: 1.1312.
Original Support: 1.1301.
Strong Support: 1.1290.
Breakout SELL Level: 1.1283.
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