When the European market opens, some economic data will be released such as Unemployment Rate, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. The US will also publish the economic data such as ISM Manufacturing Prices, Construction Spending m/m, Business Inventories m/m, ISM Manufacturing PMI, Final Manufacturing PMI, Retail Sales m/m, and Core Retail Sales m/m, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1277. Strong Resistance: 1.1271. Original Resistance: 1.1260. Inner Sell Area: 1.1249. Target Inner Area: 1.1223. Inner Buy Area: 1.1197. Original Support: 1.1186. Strong Support: 1.1175. Breakout SELL Level: 1.1169. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
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