When the European market opens, some economic data will be released such as German Trade Balance and German Industrial Production m/m. The US will also publish the economic data such as Business Inventories m/m, Retail Sales m/m, and Core Retail Sales 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: 1.1280.
Strong Resistance:1.1274.
Original Resistance: 1.1263.
Inner Sell Area: 1.1252.
Target Inner Area: 1.1226.
Inner Buy Area: 1.1200.
Original Support: 1.1189.
Strong Support: 1.1178.
Breakout SELL Level: 1.1172.
(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
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