Technical analysis of EUR/USD for Nov 08, 2016

When the European market opens, some Economic Data will be released, such as ECOFIN Meetings, French Trade Balance, French Gov Budget Balance, German Trade Balance, German Industrial Production m/m. The US will release the economic data, too, such as Congressional Elections, Presidential Election, Mortgage Delinquencies, JOLTS Job Openings, NFIB Small Business Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1101.
Strong Resistance:1.1095.
Original Resistance: 1.1084.
Inner Sell Area: 1.1073.
Target Inner Area: 1.1047.
Inner Buy Area: 1.1021.
Original Support: 1.1010.
Strong Support: 1.0999.
Breakout SELL Level: 1.0993.

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