FXStreet (Edinburgh) - The common currency keeps the daily range vs. the dollar today, with EUR/USD hovering over the 1.0960 area. EUR/USD ignores data The pair kept the composure in spite of EMU’s Industrial Production has surpassed expectations during October, expanding at a seasonally adjusted 0.6% MoM and reverting the previous 0.3% contraction. Next on tap will be the speech by President M.Draghi at the 40th anniversary conference of Prometeia in Bologna. Absent releases in the US docket, the pair is expected to extend its current sideline pattern in the mid-1.0900s. EUR/USD levels to consider At the moment the pair is losing 0.27% at 1.0959 and a break below 1.0895 (38.2% Fibo of 1.1496-1.0524) would aim for 1.0524 (low Dec.3) and finally 1.0519 (low Apr.13). On the flip side, the next hurdle lines up at 1.1041 (high Dec.9) followed by 1.1060 (100-day sma) and then 1.1124 (61.8% Fibo of 1.1496-1.0524). ------- What will 2016 bring to the Forex traders? Attend our Forex Forecast 2016 - The Panel with Ashraf Laidi, Valeria Bednarik, Boris Schlossberg, Adam Button, Ivan Delgado and Dale Pinkert. Register for the live event on Dec. 18th and get the recording too. ------- For more information, read our latest forex news.