Here is an intraday Important trading level for this pair today :
Breakout Buy level : 1.3543.
Strong Resistance : 1.3535.
Original Resistance : 1.3522.
Inner Sell Area : 1.3509.
Target Inner Area : 1.3477.
Inner Buy Area : 1.3445.
Original Support : 1.3432.
Strong Support : 1.3419.
Breakout Sell level : 1.3411 .
Market Overview :
The euro has strengthened to 1.34 because of the negative sentiment in United States about the FED's wrong estimation of the US dollar value. By the way, the euro strengthening has been also promoted by the successful sale of Portugal’s state bonds in amount of 750 million euros, thus making market players optimistic regarding the Common European Currency. The US Federal Reserve is prepared to provide additional measures for economic recovery if it is necessary. New stimulus measures will include the maintaining of the interest rates and purchase of treasury bonds.
