Daily EUR USD Technical Analysis 24th November, 2016

EUR USD Technical Analysis

EUR USD Technical Analysis 24th November, 2016

Technical Analysis Overview

Prev. Close      1.0553
Open               1.0543
Day’s Range   1.0525 – 1.0556
52 wk Range   1.0526 – 1.1616
1-Year Return – 0.95%

Technical Support and Resistance

In terms of EUR USD Technical analysis the EUR/USD pair will find its immediate support at 1.0505. If, market breaks the first support then it will go for the following support to test. Following supports are 1.0452 and 1.0381. On the other side the market has immediate resistance 1.0629. If, market breaks the primary resistance level then, market will go for the new resistance level 1.0700 and 1.0753.

Expected trading range for today is between 1.0525 supports and 1.0556 resistances.

Along with technical analysis following economic event is very important to analyze the financial market properly.

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