TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3281.
Strong Resistance : 1.3273.
Original Resistance : 1.3261.
Inner Sell Area : 1.3248.
Target Inner Area : 1.3217.
Inner Buy Area : 1.3186.
Original Support : 1.3173.
Strong Support : 1.3160.
Breakout SELL Level : 1.3152.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3173 and 1.3261 and is accompanied by strong support at 1.3160 and by 1.3273 as strong resistance.
If EUR/USD breaks out and closes below a 1.3152-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3281-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3186, and at 1.3248– a SELL position, in this case both targets should be located at the level of 1.3217.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
