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When the European market opens, some economic news on the Italian 10-y Bond Auction, German Unemployment Change, Spanish Flash CPI y/y, and German Prelim CPI m/m is due to be released. The US will unveil data on the Natural Gas Storage, Pending Home Sales m/m, Advance GDP Price Index q/q, Unemployment Claims, and Advance GDP q/q. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.0977.
Strong Resistance:1.0971.
Original Resistance: 1.0960.
Inner Sell Area: 1.0949.
Target Inner Area: 1.0924.
Inner Buy Area: 1.10899.
Original Support: 1.0888.
Strong Support: 1.0877.
Breakout sell Level: 1.0871.
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