When the European market opens, some economic news will be released such as Spanish Unemployment Change, PPI m/m, Spanish 10-y Bond Auction, French 10-y Bond Auction, Minimum Bid Rate. The US will release economic data too such as the Unemployment Claims, Factory Orders m/m, Natural Gas Storage, so amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.2684.
Strong Resistance:1.2676.
Original Resistance: 1.2664.
Inner Sell Area: 1.2652.
Target Inner Area: 1.2622.
Inner Buy Area: 1.2592.
Original Support: 1.2580.
Strong Support: 1.2588.
Breakout SELL Level: 1.2560.

Best regards,

Arief Makmur

Official analyst of InstaForex Group

InstaForex Group

http://instaforex.com

email: [email protected]

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