TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3173.
Strong Resistance : 1.3166.
Original Resistance : 1.3153.
Inner Sell Area : 1.3140.
Target Inner Area : 1.3109.
Inner Buy Area : 1.3078.
Original Support : 1.3065.
Strong Support : 1.3052.
Breakout SELL Level : 1.3044.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3065 and 1.3153 and is accompanied by strong support at 1.3052 and by 1.3166 as strong resistance.
If EUR/USD breaks out and closes below a 1.3044-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3173-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3078, and at 1.3140– a SELL position, in this case both targets should be located at the level of 1.3109.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
