TODAY's TECHNICAL LEVEL :
Breakout BUY Level : 1.3385.
Strong Resistance : 1.3377.
Original Resistance : 1.3365.
Inner Sell Area : 1.3352.
Target Inner Area : 1.3321.
Inner Buy Area : 1.3289.
Original Support : 1.3277.
Strong Support : 1.3264.
Breakout SELL Level : 1.3256.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3277 and 1.3365 and is accompanied by strong support at 1.3264 and by 1.3377 as strong
resistance.
If EUR/USD breaks out and closes below a 1.3256-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3385-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3289, and at 1.3352 – a SELL position, in this case both targets should be located at the level of 1.3321.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
