TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3303.
Strong Resistance : 1.3294.
Original Resistance : 1.3282.
Inner Sell Area : 1.3269.
Target Inner Area : 1.3238.
Inner Buy Area : 1.3207.
Original Support : 1.3194.
Strong Support : 1.3181.
Breakout SELL Level : 1.3173.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3194 and 1.3282, and is accompanied by a strong support at 1.3181 and by 1.3294-level as a powerful resistance.
If EUR/USD breaks out and closes below a 1.3173-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3303-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3207, and at 1.3269 – a SELL position, in this case both objectives should be located at the level of 1.3238.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
