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When the European market opens, some Economic Data will be released, such as ZEW Economic Sentiment, German ZEW Economic Sentiment, German WPI m/m, and French Final Non-Farm Payrolls q/q. The US will release the Economic Data, too, such as 30-y Bond Auction, Core PPI m/m, PPI m/m, and NFIB Small Business Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1251.
Strong Resistance:1.1245.
Original Resistance: 1.1234.
Inner Sell Area: 1.1223.
Target Inner Area: 1.1197.
Inner Buy Area: 1.1171.
Original Support: 1.1160.
Strong Support: 1.1149.
Breakout SELL Level: 1.1143.
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