TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3395.
Strong Resistance : 1.3387.
Original Resistance : 1.3374.
Inner Sell Area : 1.3361.
Target Inner Area : 1.3330.
Inner Buy Area : 1.3299.
Original Support : 1.3286.
Strong Support : 1.3273.
Breakout SELL Level : 1.3265.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3286 and 1.3374 and is accompanied by strong support at 1.3273 and by 1.3387 as strong resistance.
If EUR/USD breaks out and closes below a 1.3265-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3395-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3299, and at 1.3361– a SELL position, in this case both targets should be located at the level of 1.3330.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
