Technical analysis of EUR/USD for Nov 04, 2016

When the European market opens, some economic data will be released such as Average Hourly Earnings m/m, German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI.The US will also publish some reports such as Trade Balance, Unemployment Rate, Non-Farm Employment Change, Average Hourly Earnings m/m. Therefore, amid the news EUR/USD will move in a medium to high volatility during this day.

TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1153.
Strong Resistance:1.1147.
Original Resistance: 1.1136.
Inner Sell Area: 1.1125.
Target Inner Area: 1.1099.
Inner Buy Area: 1.1073.
Original Support: 1.1062.
Strong Support: 1.1051. Breakout SELL Level: 1.1045.

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