TODAY TECHNICAL LEVEL :
Breakout Buy level : 1.2994.
Strong Resistance : 1.2986.
Original Resistance : 1.2974.
Inner Sell Area : 1.2962.
Target Inner Area : 1.2931.
Inner Buy Area : 1.2900.
Original Support : 1.2888.
Strong Support : 1.2875.
Breakout Sell level : 1.2868.
TODAY OUTLOOK :
In the 60 Minutes (H1) Timeframe between 03:00 and 04:00 Candles (08:00-09:00 WIB) the EUR/USD is forming the Inside Bar/ Harami Candle Pattern. In our view, the EUR/USDhas entered the congestion situation; this indicates that the pair is now trapped between 1.2900 and 1.3900 and is expected to stay in this range. If this pair can break out from this range (especially today), we will know the EUR/USD has found its trend for today.
TODAY SUGGESTION :
BUY if the EUR/USD can break out and close above1.3300, set the first target at 1.3325 and the second target at 1.3350.
SELL if the EUR/USD can break out and close below 1.2900, set the first target at 1.2875 and the second target at 1.2850.
