TODAY TECHNICAL LEVEL :
Breakout BUY Level : 1.4429.
Strong Resistance : 1.4421.
Original Resistance : 1.4407.
Inner Sell Area : 1.4393.
Target Inner Area : 1.4359.
Inner Buy Area : 1.4324.
Original Support : 1.4311.
Strong Support : 1.4297.
Breakout SELL Level : 1.4288.
DESCRIPTION :
Today the EUR/USD is to find Support and Resistance between 1.4311and 1.4407 and it has a strong Support at 1.4297 and a strong Resistance at 1.4421; if today the EUR/USD breaks out and closes below 1.4288, it will be a sign for Short trading for today; on the other hand, if the pair can break out and close above 1.4429, it will be the sign for LONG trading for today. Another option for the advanced trader can be trading between the Inner Buy Level at the 1.4324 for LONG trading and the Inner Sell Level at the 1.4393 for the SHORT trading, and all of them with the target at the 1.4359 level. Please pay attention for today, because the release of the US - Unemployment Rate & Non Farm Payrolls data by the US Government, Some traders ussually not trading this day from the one hour before and after those data release because some low and thin market and an unexpected volatility.
