When the European market opens, some economic data will be released such as French Final CPI m/m. The US will release a batch of macroeconomic reports such as Prelim UoM Inflation Expectations, Business Inventories m/m, Prelim UoM Consumer Sentiment, Industrial Production m/m,Capacity Utilization Rate, Retail Sales m/m, and Core Retail Sales m/m. So, in this context EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1333
Strong Resistance:1.1327
Original Resistance: 1.1316
Inner Sell Area: 1.1305
Target Inner Area: 1.1279
Inner Buy Area: 1.1253
Original Support: 1.1242
Strong Support: 1.1231
Breakout SELL Level: 1.1225
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