TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3537.
Strong Resistance : 1.3526.
Original Resistance : 1.3516.
Inner Sell Area : 1.3502.
Target Inner Area : 1.3471.
Inner Buy Area : 1.3365.
Original Support : 1.3426.
Strong Support : 1.3413.
Breakout SELL Level : 1.3405.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3426 and 1.3516 and is accompanied by strong support at 1.3413 and by 1.3526 as strong
resistance.
If EUR/USD breaks out and closes below a 1.3405-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3537-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3365, and at 1.3502– a SELL position, in this case both targets should be located at the level of 1.3471.
