TODAY TECHNICAL LEVEL :
Breakout BUY Level : 1.2749.
Strong Resistance : 1.2741.
Original Resistance : 1.2730.
Inner Sell Area : 1.2718.
Target Inner Area : 1.2688.
Inner Buy Area : 1.2658.
Original Support : 1.2646.
Strong Support : 1.2634.
Breakout SELL Level : 1.2629.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.2646 and 1.2730 is accompanied by a strong support at 1.2634 and 1.2741 for the strong resistance; If today the EUR/USD can break out and close below the 1.2629 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.2749 level then this indicates considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.2658 and 1.2718 for SELL position in which case both targets are located at the 1.2688 level.
