TODAY's TECHNICAL LEVEL :
Breakout BUY Level : 1.3205.
Strong Resistance : 1.3197.
Original Resistance : 1.3185.
Inner Sell Area : 1.3172.
Target Inner Area : 1.3141.
Inner Buy Area : 1.3110.
Original Support : 1.3097.
Strong Support : 1.3084.
Breakout SELL Level : 1.3077.
DESCRIPTION :
Today the EUR/USD pair has support and resistance at 1.3097 and 1.3185 levels and is accompanied by the strong support and resistance levels seen at 1.3084 and 1.3197.
If EUR/USD pair passes through and closes below the 1.3077 level today, the sing of bearish movement will be provided. If the EUR/USD pair is managed to break out and close above a 1.3205-level, this can be considered as a sign of bullish strength. Alternatively, it is possible to open BUY positions at the level 1.3110; for SELL-positions - the level 1.3172– a SELL, provided that both targets are located at the level 1.3141.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
