TODAY's TECHNICAL LEVEL :
Breakout BUY Level : 1.3285.
Strong Resistance : 1.3277.
Original Resistance : 1.3265.
Inner Sell Area : 1.3252.
Target Inner Area : 1.3221.
Inner Buy Area : 1.3189.
Original Support : 1.3177.
Strong Support : 1.3164.
Breakout SELL Level : 1.3156.
DESCRIPTION :
Today the EUR/USD pair has support and resistance levels in the points 1.3177 and 1.3265. The point 1.3164 is considered as strong support level and 1.3277 as strong resistance level.
If the EUR/USD pair breaks out and closes below the 1.3156 level today, the bearish tendency will strenghten. At the same time if the EUR/USD pair is managed to pass through and close abovethe 1.3285 level, the signal for the bullish movement will be provided. Alternatively, it is possible to make BUY-deals at the level 1.3189 and SELL-deals at the 1.3252 level. In this case both targets should be located at the level of 1.3221.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
