TODAY TECHNICAL LEVEL :
Breakout Buy level : 1.3698.
Strong Resistance : 1.3690.
Original Resistance : 1.3677.
Inner Sell Area : 1.3664.
Target Inner Area : 1.3632.
Inner Buy Area : 1.3600.
Original Support : 1.3587.
Strong Support : 1.3574.
Breakout Sell level : 1.3566.
TODAY OUTLOOK :
In the early morning the pair started to decline and suddenly held the bearish movement at the support level 1.3575 (strong Support level). All this was caused by the risk of aversion because of the higher oil price, Middle East situation, and the earthquake in the Christhcurch (New Zealand). At the moment the pair wants to re-test the 1.3575 support level and today's low level at 1.3562. If this pair can break out and close below the 1.3562, it will cause this pair to advance to the bearish situation.
TODAY SUGGESTION :
SELL if the EUR/USD can break out and close below the 1.3562 level, set Take Profit at 1.3550.
