TODAY TECHNICAL LEVEL :
Breakout BUY Level : 1.3422.
Strong Resistance : 1.3412.
Original Resistance : 1.3402.
Inner Sell Area : 1.3388.
Target Inner Area : 1.3357.
Inner Buy Area : 1.3325.
Original Support : 1.3312.
Strong Support : 1.3299.
Breakout SELL Level : 1.3291.
DESCRIPTION :
Today the EUR/USD pair has support and resistance level at 1.3312 and 1.3402 respectively and is accompanied by a strong support 1.3299 and resistance 1.3412 levels.
If EUR/USD pair breaks throughand closes below a 13291 level today, then this will indicate a considerable bearish strength, while if the EUR/USD pair is managed to overcome and close above a 1.3422 level, we will be able to observe
a bullish strength. It is possible to trade otherwise by opening a BUY position at the level 1.3325 and SELL position at 1.3388. In this case both targets should be located at the level of 1.3357.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
