When the European market opens, economic data on Sentix Investor Confidence, German Trade Balance, and German Industrial Production m/m are due. The US will release data about Labor Market Conditions Index m/m. So amid the reports, EUR/USD will move low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.1155.
Strong Resistance:1.1149.
Original Resistance: 1.1138.
Inner Sell Area: 1.1127.
Target Inner Area: 1.1101.
Inner Buy Area: 1.1075.
Original Support: 1.1064.
Strong Support: 1.1053.
Breakout SELL Level: 1.1047.
Read more: https://www.instaforex.com/forex_analysis/61572/