TODAY TECHNICAL LEVEL :
Breakout BUY Level : 1.2961.
Strong Resistance : 1.2954.
Original Resistance : 1.2942.
Inner Sell Area : 1.2929.
Target Inner Area : 1.2899.
Inner Buy Area : 1.2867.
Original Support : 1.2856.
Strong Support : 1.2844.
Breakout SELL Level : 1.2836.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.2856 and 1.2942 is accompanied by a strong support at 1.2844 and 1.2954 for the strong resistance; If today the EUR/USD can break out and close below the 1.2836 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.2961 level then this indicates considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.2867 and 1.2929 for SELL position in which case both targets are located at the 1.2899 level.
