Technical analysis of EUR/USD for November 25, 2015

When the European market opens, economic news on the German 10-y Bond Auction, Italian Retail Sales m/m is due to be released. The US will unveil the economic data on the Natural Gas Storage, Crude Oil Inventories, Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, New Home Sales, Flash Services PMI, HPI m/m, Personal Income m/m, Personal Spending m/m, Durable Goods Orders m/m, Core PCE Price Index m/m, Unemployment Claims, and Core Durable Goods Orders m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS: Breakout buy level: 1.0701. Strong Resistance:1.0694. Original Resistance: 1.0684. Inner Sell Area: 1.0674. Target Inner Area: 1.0648. Inner Buy Area: 1.0623. Original Support: 1.0613. Strong Support: 1.0603. Breakout sell level: 1.0596.

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