When the European market opens, some economic data will be released such as German 10-y Bond Auction, Unemployment Rate, Italian Monthly Unemployment Rate, and German Trade Balance. The US will also publish the economic data such as 10-y Bond Auction, and Crude Oil Inventories, so amid the reports, the EUR/USD pair will move in a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1513. Strong Resistance: 1.1506. Original Resistance: 1.1495. Inner Sell Area: 1.1484. Target Inner Area: 1.1457. Inner Buy Area: 1.1430. Original Support: 1.1419. Strong Support: 1.1408. Breakout SELL Level: 1.1401.(Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.