TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3007.
Strong Resistance : 1.2999.
Original Resistance : 1.2987.
Inner Sell Area : 1.2975.
Target Inner Area : 1.2944.
Inner Buy Area : 1.2913.
Original Support : 1.2901.
Strong Support : 1.2888.
Breakout SELL Level : 1.2881.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.2901 and 1.2987 and is accompanied by a strong support at 1.2888 and 1.2999 for the strong resistance; If today the EUR/USD is able to break out and close below the 1.2881 level, then this will indicate considerable Bearish strength, while if the EUR/USD today breaks out and closes above the 1.3007 level, then this will denote considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.2913 and 1.2975 for SELL position, in which case both targets will be placed at the 1.2944 level.
