TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3394.
Strong Resistance : 1.3386.
Original Resistance : 1.3373.
Inner Sell Area : 1.3360.
Target Inner Area : 1.3229.
Inner Buy Area : 1.3298.
Original Support : 1.3285.
Strong Support : 1.3272.
Breakout SELL Level : 1.3264.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3285 and 1.3373 and is accompanied by strong support at 1.3272 and by 1.3386 as strong resistance.
If EUR/USD breaks out and closes below a 1.3264-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3394-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3298, and at 1.3360– a SELL position, in this case both targets should be located at the level of 1.3229.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
