Technical analysis of EUR/USD for Nov 10, 2016

When the European market opens, some Economic Data will be released, such as Italian Industrial Production m/m, French Prelim Non-Farm Payrolls q/q, French Industrial Production m/m. The US will release the economic data, too, such as Federal Budget Balance, 30-y Bond Auction, Natural Gas Storage, Unemployment Claims, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0978.
Strong Resistance:1.0972.
Original Resistance: 1.0961.
Inner Sell Area: 1.0950.
Target Inner Area: 1.0925.
Inner Buy Area: 1.0900.
Original Support: 1.0889.
Strong Support: 1.0878.
Breakout SELL Level: 1.0872.

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