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16-11-15, 09:06 #11
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Technical analysis of EUR/USD for November 16, 2015
When the European market opens, some economic news on the German Buba Monthly Report, ECB President Draghi Speaks, Final Core CPI y/y, and Final CPI y/y is due to be released.The US will unveil economic data on the Empire State Manufacturing Index. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.0775.
Strong Resistance:1.0769.
Original Resistance: 1.0758.
Inner Sell Area: 1.0747.
Target Inner Area: 1.0722.
Inner Buy Area: 1.0697.
Original Support: 1.0686.
Strong Support: 1.0675.
Breakout SELL Level: 1.0669.
More analysis - at instaforex.com
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