When the European market opens, some economic data will be released such as French 10-y Bond Auction, Italian Retail Sales m/m, and French Industrial Production m/m. The US will also publish the economic data such as 30-y Bond Auction, Natural Gas Storage, and Unemployment Claims, 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: 1.1612. Strong Resistance: 1.1605. Original Resistance: 1.1594. Inner Sell Area: 1.1583. Target Inner Area: 1.1556. Inner Buy Area: 1.1529. Original Support: 1.1518. Strong Support: 1.1507. Breakout SELL Level: 1.1500. (Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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