When the European market opens, some economic data will be released such as German GfK Consumer Climate. The US will also publish the economic data such as Richmond Manufacturing Index, CB Consumer Confidence, S&P/CS Composite-20 HPI y/y, HPI m/m, Housing Starts, and Building Permits, so amid the reports, the EUR/USD pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1417. Strong Resistance: 1.1410. Original Resistance: 1.1399. Inner Sell Area: 1.1388. Target Inner Area: 1.1361. Inner Buy Area: 1.1334. Original Support: 1.1323. Strong Support: 1.1312. Breakout SELL Level: 1.1305. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
No comments:
Post a Comment