When the European market opens, some economic data will be released such as German PPI m/m. The US will also publish the economic data such as Federal Funds Rate and Crude Oil Inventories, so amid the reports, the EUR/USD pair will move with medium to high volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1403. Strong Resistance: 1.1396. Original Resistance: 1.1385. Inner Sell Area: 1.1374. Target Inner Area: 1.1347. Inner Buy Area: 1.1320. Original Support: 1.1309. Strong Support: 1.1298. Breakout SELL Level: 1.1291. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
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