TODAY TECHNICAL LEVEL :
Breakout BUY Level : 1.2826.
Strong Resistance : 1.2819.
Original Resistance : 1.2807.
Inner Sell Area : 1.2794.
Target Inner Area : 1.2764.
Inner Buy Area : 1.2733.
Original Support : 1.2721.
Strong Support : 1.2709.
Breakout SELL Level : 1.2701.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.2721 and 1.2807 is accompanied by a strong support at 1.2709 and 1.2819 for the strong resistance; If today the EUR/USD can break out and close below the 1.2701 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.2826 level then this indicates considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.2733 and 1.2794 for SELL position in which case both targets are located at the 1.2764 level.
