TODAY's TECHNICAL LEVEL :
Breakout BUY Level : 1.3399.
Strong Resistance : 1.3392.
Original Resistance : 1.3379.
Inner Sell Area : 1.3366.
Target Inner Area : 1.3335.
Inner Buy Area : 1.3304.
Original Support : 1.3291.
Strong Support : 1.3278.
Breakout SELL Level : 1.3270.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3291 and 1.3379 and is accompanied by strong support at 1.3278 and by 1.3392 as strong resistance.
If EUR/USD breaks out and closes below a 1.3270-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3399-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3304, and at 1.3366– a SELL position, in this case both targets should be located at the level of 1.3335.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
