TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3239.
Strong Resistance : 1.3231.
Original Resistance : 1.3219.
Inner Sell Area : 1.3206.
Target Inner Area : 1.3175.
Inner Buy Area : 1.3144.
Original Support : 1.3131.
Strong Support : 1.3118.
Breakout SELL Level : 1.3110.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3131 and 1.3219 and is accompanied by strong support at 1.3118 and by 1.3231 as strong resistance.
If EUR/USD breaks out and closes below a 1.3110-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3239-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3144, and at 1.3206 – a SELL position, in this case both targets should be located at the level of 1.3175.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
