TODAY TECHNICAL LEVEL :
Breakout Buy level : 1.3409.
Strong Resistance : 1.3401.
Original Resistance : 1.3389.
Inner Sell Area : 1.3376.
Target Inner Area : 1.3344.
Inner Buy Area : 1.3313.
Original Support : 1.3301.
Strong Support : 1.3288.
Breakout Sell level : 1.3280.
TODAY OUTLOOK :
Today the EUR/USD has been trading in a ranging situation between the 1.3325 and the 1.3375 levels. However the situation of this pair seems to have changed from Bearish to Bullish, this is indicated by the fact the EUR/USD has closed above the Exponential Moving Avarage periode 100 in the Daily TimeFrame and the Stochastic (8,3,3) in the same way (upward movement).
TODAY SUGGESTION :
BUY if the EUR/USD can break out and close above the 1.3375, and set the Take profit at 1.3400 as the first target and 1.3425 as the second target.
SELL if the EUR/USD can break out and close below the 1.3325, and set the Take profit at 1.3300 as the first target and 1.3275 as the second target.
