Here is an intraday important trading area's for this pair today :
Breakout Buy level : 1.3494.
Strong Resistance : 1.3486.
Original Resistance : 1.3473.
Inner Sell Area : 1.3460.
Target Inner Area : 1.3428.
Inner Buy Area : 1.3396.
Original Support : 1.3383.
Strong Support : 1.3370.
Breakout Sell level : 1.3362.
Market Outlook :
Stock shares on European markets fell for the fourth time in five days amid concern that the rally this month may have exceeded the economic growth prospects. So this will also have an impact on the European Common Currency. By the way, we must follow the situation between US and China. U.S. Congress approved a regulation to exert pressure on the yuan exchange rate. Beijing confirmed that it would adopt the monetary policy according to domestic needs. According to China, if the yuan's exchange rate appreciation has a positive impact on economic development, the Chinese Government will adjust the exchange rate without pressure from other parties.
