TODAY TECHNICAL LEVEL :
Breakout Buy level : 1.3765.
Strong Resistance : 1.3756.
Original Resistance : 1.3743.
Inner Sell Area : 1.3730.
Target Inner Area : 1.3632.
Inner Buy Area : 1.3664.
Original Support : 1.3651.
Strong Support : 1.3638.
Breakout Sell level : 1.3629.
TODAY OUTLOOK :
After hitting the1.3525 Support level, the downtrend movement of the EUR/USD is held and this pair reversed to the upside again until it hits the Resistance at 1.3600. Today the pair wants to re-test the resistance at 1.3600. However, please pay attention for the 1.3714 level area, if the pair can break out and close above this level, it is supposed to resume upside movement, on the other hand if this spot rate can break out and close below 1.3632, it will indicate that the uptrend movement is held for today.
TODAY SUGGESTION :
BUY if the EUR/USD can break out and close above 1.3714, set Take Profit at 1.3725 as the first target and 1.3750 as the second target.
SELL if this pair can breakout and close below 1.3675, set Take Profit at 1.3650 as the first target and 1.3625 as the second target.
