Technical analysis: Important Intraday Levels For EUR/USD, November 08, 2019


When the European market opens, some economic reports will be released such as French Trade Balance, French Prelim Private Payrolls q/q, French Industrial Production m/m, and German Trade Balance. The US will also publish the economic data such as Prelim UoM Inflation Expectations, Final Wholesale Inventories m/m, and Prelim UoM Consumer Sentiment, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1102. Strong Resistance: 1.1096. Original Resistance: 1.1085. Inner Sell Area: 1.1074. Target Inner Area: 1.1048. Inner Buy Area: 1.1022. Original Support: 1.1011. Strong Support: 1.1000. Breakout SELL Level: 1.0994. (Disclaimer)The material has been provided by InstaForex Company -