When the European market opens, some economic data will be released such as German 30-y Bond Auction, Industrial Production m/m, and Italian Quarterly Unemployment Rate. The US will also publish the economic data such as Crude Oil Inventories, Construction Spending m/m, Durable Goods Orders m/m, Core PPI m/m, PPI m/m, and Core Durable Goods Orders m/m, 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: 1.1344. Strong Resistance: 1.1338. Original Resistance: 1.1327. Inner Sell Area: 1.1316. Target Inner Area: 1.1290. Inner Buy Area: 1.1264. Original Support: 1.1253. Strong Support: 1.1242. Breakout SELL Level: 1.1236. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
Posts
Posts
No comments:
Post a Comment