TODAY's TECHNICAL LEVELS :
Breakout BUY Level: 1.3288.
Strong Resistance: 1.3280.
Original Resistance: 1.3267.
Inner Sell Area: 1.3255.
Target Inner Area: 1.3223.
Inner Buy Area: 1.3191.
Original Support: 1.3179.
Strong Support: 1.3166.
Breakout SELL Level: 1.3158.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3179 and 1.3267 and is accompanied by strong support at 1.3166 and by 1.3280 as strong resistance.
If EUR/USD breaks out and closes below the 1.3158 level today, this will indicate considerable bearish strength; while if EUR/USD manages to break out and close above the 1.3288 level, this will denote high bullish strength. Alternatively for advance traders, you can trade in a way to open a BUY position at the level of 1.3191 and at 1.3255 a SELL position. In this case both targets should be located at the level of 1.3223.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
Email : Arief.jakarta@indo.instaforex.com
