TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3286.
Strong Resistance : 1.3278.
Original Resistance : 1.3265.
Inner Sell Area : 1.3252.
Target Inner Area : 1.3221.
Inner Buy Area : 1.3190.
Original Support : 1.3177.
Strong Support : 1.3164.
Breakout SELL Level : 1.3156
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3177 and 1.3265 and is accompanied by strong support at 1.3164 and by 1.3278 as strong resistance.
If EUR/USD breaks out and closes below a 1.3156 level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3286-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3190, and at 1.3252– a SELL position, in this case both targets should be located at the level of 1.3221.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
