TODAY TECHNICAL LEVEL :
Breakout Buy level : 1.3840.
Strong Resistance : 1.3831.
Original Resistance : 1.3818.
Inner Sell Area : 1.3805.
Target Inner Area : 1.3772.
Inner Buy Area : 1.3739.
Original Support : 1.3726.
Strong Support : 1.3713.
Breakout Sell level : 1.3704.
TODAY OUTLOOK :
The bias of this pair has been in a bullish situation for two days already, but the 1.3775 level is likely to provide a strong resistance. The pair is expected to retrace to downside again. However, as long as the pair has not broken out and closed below the 1.3729 level, the uptrend situation is still in advance.
TODAY SUGGESTION :
BUY if the EUR/USD can break out and close above 1.3800, set Take profit at 1.3825 as the first target and 1.3850 as the second target.
SELL if the EUR/USD can break out and close below 1.3725, set Take profit at 1.3700 as the first target and 1.3675 as the second target.
