When will the JOLTS report be released and how could it affect EUR/USD?

Job openings data will be published on Tuesday, August 1, at 14:00 GMT. The report could influence the action in EUR/USD due to its potential influence on the market pricing of the Fed’s rate outlook. It’s also with noting that the Euro has been struggling to stay resilient against its rivals after European Central Bank (ECB) President Christine Lagarde refrained from confirming one more increase in key rates in September.

Eren points out key technical levels to watch for EUR/USD ahead of JOLTS data:

"EUR/USD dropped below 1.1000 early Tuesday and the Relative Strength Index (RSI) indicator on the daily chart retreated below 50, reflecting a bearish bias. On the downside, 1.0900 (100-day SMA) aligns as important support ahead of 1.0800 (Fibonacci 61.8% retracement of the March-July uptrend) and 1.0740 (200-day SMA)."

"In case EUR/USD reclaims 1.1000, 1.1070 (20-day SMA) could be seen as the next recovery target before 1.1100 (psychological level) and 1.1150 (static level)."