TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.3197.
Strong Resistance : 1.3189.
Original Resistance : 1.3177.
Inner Sell Area : 1.3164.
Target Inner Area : 1.3133.
Inner Buy Area : 1.3101.
Original Support : 1.3089.
Strong Support : 1.3076.
Breakout SELL Level : 1.3068.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3089 and 1.3177 and is accompanied by strong support at 1.3076 and by 1.3189 as strong resistance.
If EUR/USD breaks out and closes below a 1.3068-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3197-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3101, and at 1.3164– a SELL position, in this case both targets should be located at the level of 1.3133.
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