TODAY's TECHNICAL LEVEL :
Breakout BUY Level: 1.3114.
Strong Resistance: 1.3107.
Original Resistance: 1.3094.
Inner Sell Area: 1.3081.
Target Inner Area: 1.3050.
Inner Buy Area: 1.3019.
Original Support: 1.3006.
Strong Support: 1.2993.
Breakout SELL Level: 1.2985.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3006 and 1.3094 and is accompanied by strong support at 1.2993 and by 1.3107 as strong resistance.
If the EUR/USD breaks out and closes below a 1.2985 level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3114 level, then 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 1.3019, and at 1.3081 a SELL position, in this case both targets should be located at the level of 1.3050.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
Email : Arief.jakarta@indo.instaforex.com
