Friday, December 2, 2016

Technical Analysis Of EUR/USD for Dec 02, 2016


When the European market opens, some Economic Data will be released, such as PPI m/m and Spanish Unemployment Change.The US will release the economic data, too, such as Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m, so, amid the reports, EUR/USD will move in a medium to high volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0715.
Strong Resistance:1.0708.
Original Resistance: 1.0698.
Inner Sell Area: 1.0688.
Target Inner Area: 1.0663.
Inner Buy Area: 1.0638.
Original Support: 1.0628.
Strong Support: 1.0618.
Breakout SELL Level: 1.0611.

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