After we had seen a significant downward movement during almost 2 days we expected EUR/USD would be in a ranging situation today, but still we observe bearish pressure for this pair. As we know, in 5 working days "usually" currency market has 2 days of significant movement and 3 days of ranging situation. But this is not a fixed formula, so please be prepared for this pair for continuation of its downward movement or maybe a significant reversal movement. However here is the important intraday level area for EUR/USD for today:
Breakout Buy level : 1.2242.
Strong Resistance : 1.2234.
Original Resistance : 1.2223.
Inner Sell Area : 1.2211.
Target Inner Area : 1.2182.
Inner Buy Area : 1.2153.
Original Support : 1.2141.
Strong Support : 1.2129.
Breakout Sell level : 1.2122.
