TODAY's TECHNICAL LEVEL :
Breakout BUY Level : 1.3106.
Strong Resistance : 1.3098.
Original Resistance : 1.3086.
Inner Sell Area : 1.3074.
Target Inner Area : 1.3043.
Inner Buy Area : 1.3012.
Original Support : 1.3000.
Strong Support : 1.2987.
Breakout SELL Level : 1.2980.
DESCRIPTION :
Today the EUR/USD pair has the support and resistance at 1.3000 and 1.3086 and is accompanied by the strong support at 1.2987 and by 1.3098 as strong resistance.
If the EUR/USD pair breaks out and closes below a 1.2980 level today, then this will indicate a considerable bearish strength, while if the EUR/USD pair manages to break out and close above a 1.3106level, then this will denote the high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level 1.3012, and SELL position at 1.3074, provided that both targets are located at the level 1.3043.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
