TODAY's TECHNICAL LEVELS:
Breakout BUY Level: 1.3028.
Strong Resistance: 1.3021.
Original Resistance: 1.3009.
Inner Sell Area: 1.2997.
Target Inner Area: 1.2966.
Inner Buy Area: 1.2935.
Original Support: 1.2923.
Strong Support: 1.2910.
Breakout SELL Level: 1.2903.
Today EUR/USD has support and resistance at 1.2923 and 1.3009 and is accompanied by strong support at 1.2910 and by 1.3021 as strong resistance.
If EUR/USD breaks out and closes below 1.2903 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and close above 1.3028 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2935 and at 1.2997 a SELL position. In this case both targets should be located at the level of 1.2966.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
E-mail : Arief.jakarta@indo.instaforex.com
