When the European market opens, some economic data will be released such as Industrial Production m/m and French Final CPI m/m. The US will post a series of economic news such as Federal Funds Rate, FOMC Statement, Crude Oil Inventories, Business Inventories m/m, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, Retail Sales m/m, PPI m/m, and Core Retail Sales m/m. So amid the reports, EUR/USD will move with medium to high volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.0684.
Strong Resistance:1.0677.
Original Resistance: 1.0667.
Inner Sell Area: 1.0657.
Target Inner Area: 1.0632.
Inner Buy Area: 1.0607.
Original Support: 1.0597.
Strong Support: 1.0587.
Breakout SELL Level: 1.0580.
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