TODAY TECHNICAL LEVEL :
Breakout Buy level : 1.2964.
Strong Resistance : 1.2957.
Original Resistance : 1.2944.
Inner Sell Area : 1.2938.
Target Inner Area : 1.2901.
Inner Buy Area : 1.2871.
Original Support : 1.2858.
Strong Support : 1.2845.
Breakout Sell level : 1.2838.
TODAY OUTLOOK :
Today the EUR/USD has been trading in a ranging situation between 1.2875 and 1.2925. The momentum of this pair will be indicated if the pair breaks through these two levels. Usually it happens at the opening of the London Market.
TODAY SUGGESTION :
BUY If the EUR/USD can break out and close above 1.2925, set Take profit at 1.2950 as a first target and 1.2975 as second target.
SELL if the EUR/USD can break out and close below 1.2875, set Take profit at 1.2850 as a first target and 1.2825 as a second target.
