The European common currency is predicted to uprise versus the US dollar to $ 1.2850 ahead of the publication of the US data on non-farm payment. Though, a soar is not expected as investors as a rule do not buy much before the releases of important US economic indicators. The euro is slightly stronger against the US dollar as it is supported by the economic reports from the euro area and decisions taken by the European Central Bank (ECB), which raised the estimated growth and inflation.
The important intraday levels for today are:
Breakout Buy level : 1.2876.
Strong Resistance : 1.2868.
Original Resistance : 1.2856.
Inner Sell Area : 1.2843.
Target Inner Area : 1.2813.
Inner Buy Area : 1.2782.
Original Support : 1.2770.
Strong Support : 1.2757.
Breakout Sell level : 1.2750.
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