Technical analysis: Intraday levels for EUR/USD, Nov 08, 2018


When the European market opens, a batch of economic data will be released such as French 10-y Bond Auction, Spanish 10-y Bond Auction, EU Economic Forecasts, ECB Economic Bulletin, French Trade Balance, and German Trade Balance. The US is due to release several economic reports such as Federal Funds Rate, FOMC Statement, Natural Gas Storage, and Unemployment Claims. So, amid such a loaded economic calendar EUR/USD will move with medium to high volatility during this day.


Breakout BUY Level: 1.1491

Strong Resistance:1.1484

Original Resistance: 1.1473

Inner Sell Area: 1.1462

Target Inner Area: 1.1434

Inner Buy Area: 1.1406

Original Support: 1.1395

Strong Support: 1.1384

Breakout SELL Level: 1.1377

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