Today Technical Levels :
Breakout Buy level : 1.3711.
Strong Resistance : 1.3702.
Original Resistance : 1.3689.
Inner Sell Area : 1.3675.
Target Inner Area : 1.3642.
Inner Buy Area : 1.3609.
Original Support : 1.3596.
Strong Support : 1.3582.
Today Outlook :
Yesterday the EUR/USD pair reached the level of 1.3625 and now it seems that the pair will re-test the mark of 1.3600. If today the pair breaks through 1.3625 again, then there is a possibility that the EUR/USD will move upside to 1.3675 (the Hesitation Level) as a first target before it reaches the level of 1.3700. In case the uptrend is strong; the mark of 1.3725 will be a second target for this pair today. However if this pair goes in the opposite direction (down) bellow 1.3575, it seems this currency pair will reach the mark 1.3525 as a first target before it approaches 1.3500. If today the downside momentum is strong then the EUR/USD today goes to the level 1.3475 as a second target. Nevertheless, please remember today is the third Friday, many option position will expire today, so please pay attention to an unexpected volatility and movement today.
