The economic calendar does not contain any economic data from the eurozone today. The US will present a batch of economic reports such as Treasury Currency Report, 30-y Bond Auction, Natural Gas Storage, Final Wholesale Inventories m/m, Unemployment Claims, Trade Balance, Core PPI m/m, and PPI m/m. So amid such an economic calendar, EUR/USD is going to trade with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1252
Strong Resistance: 1.1246
Original Resistance: 1.1235
Inner Sell Area: 1.1224
Target Inner Area: 1.1198
Inner Buy Area: 1.1172
Original Support: 1.1161
Strong Support: 1.1150
Breakout SELL Level: 1.1144
Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
