When the European market opens, some economic data will be released such as Spanish 10-y Bond Auction, Industrial Production m/m, Flash GDP q/q, Flash Employment Change q/q, French Final CPI m/m, and German Prelim GDP q/q. The US will also publish the economic data such as Crude Oil Inventories, Mortgage Delinquencies, and Import Prices 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: 1.1230. Strong Resistance: 1.1224. Original Resistance: 1.1213. Inner Sell Area: 1.1202. Target Inner Area: 1.1176. Inner Buy Area: 1.1150. Original Support: 1.1139. Strong Support: 1.1128. Breakout SELL Level: 1.1122. (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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