When the European market opens, some economic data will be released such as Consumer Confidence and Spanish 10-y Bond Auction. The US is also due to release a series of economic data too such as Natural Gas Storage, Existing Home Sales, CB Leading Index m/m, Unemployment Claims, and Philly Fed Manufacturing Index. So amid the reports, EUR/USD will trade with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1730.
Strong Resistance:1.1723.
Original Resistance: 1.1712.
Inner Sell Area: 1.1701.
Target Inner Area: 1.1673.
Inner Buy Area: 1.1645.
Original Support: 1.1634.
Strong Support: 1.1623.
Breakout SELL Level: 1.1616.
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