When the European market opens, some economic data will be released such as Industrial Production m/m and German Final CPI m/m. The US will release a batch of economic reports too such as Federal Budget Balance, Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, and Import Prices m/m. So, amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1645
Strong Resistance: 1.1638
Original Resistance: 1.1627
Inner Sell Area: 1.1616
Target Inner Area: 1.1589
Inner Buy Area: 1.1562
Original Support: 1.1551
Strong Support: 1.1540
Breakout SELL Level: 1.1533
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