Technical Analysis Of EUR/USD For Dec 08, 2016

When the European market opens, some economic data will be released such as Minimum Bid Rate and French Final Non-Farm Payrolls q/q. The US will also add some data to the economic calendar such as Natural Gas Storage and Unemployment Claims. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.0808.

Strong Resistance:1.0802.

Original Resistance: 1.0791.

Inner Sell Area: 1.0780.

Target Inner Area: 1.0755.

Inner Buy Area: 1.0730.

Original Support: 1.0719.

Strong Support: 1.0708.

Breakout SELL Level: 1.0702.