Technical analysis of EUR/USD for Nov 06, 2017


When the European market opens, some economic data will be released such as Eurogroup Meetings, PPI m/m, and Sentix Investor Confidence, as well as German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI, German Factory Orders m/m. The US will also unveil some reports such as Loan Officer Survey. So, amid the reports, EUR/USD will move in a low to medium volatility during this day.


Breakout BUY Level: 1.1662.

Strong Resistance:1.1655.

Original Resistance: 1.1644.

Inner Sell Area: 1.1633.

Target Inner Area: 1.1605.

Inner Buy Area: 1.1577.

Original Support: 1.1566.

Strong Support: 1.1555.

Breakout SELL Level: 1.1548.

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The material has been provided by InstaForex Company -