TODAY TECHNICAL LEVEL :
Breakout Buy level : 1.3841.
Strong Resistance : 1.3833.
Original Resistance : 1.3820.
Inner Sell Area : 1.3806.
Target Inner Area : 1.3774.
Inner Buy Area : 1.3741.
Original Support : 1.3728.
Strong Support : 1.3715.
Breakout Sell level : 1.3707.
TODAY OUTLOOK :
A few days ago the pair started breaking the uptrend channell and it will soon find the support at the 1.3275 level and the resistance at 1.3850; today the pair looks trapped in a ranging situation. Today this currency started trading in a range between 1.3775 and 1.3800. It looks like this pair still cannot find its trend movement; as long as the Resistance level at 1.3850 and 1.3275 is not broken, the pair will still be trapp in a sideways situation.
TODAY SUGGESTION :
BUY if this pair can break out and close above the 1.3790 level, set Take profit at 1.3800 as the first target and 1.3825 as the second target.
SELL if this pari can break out and close below the 1.3275 level, set Take profit at 1.3250 as the first target and 1.3225 as the second target.
